Brief: Alta Plans To Buy Back Up To 3 Mln Own Shares

Alta SA

04/06/2018 09:48

June 4 (Reuters) - ALTA SA  AATP.WA :
    * SAID ON SATURDAY THAT ITS SHAREHOLDERS TO VOTE ON JUNE 29
ON
SHARE BUY-BACK PROGRAMME UNDER WHICH COMPANY PLANS TO BUY BACK
UP TO 3,042,469 OWN SHARES REPRESENTING NOT MORE THAN 14% OF
COMPANY'S SHARE CAPITAL
    * OWN SHARES WILL BE PURCHASED AT PRICE NOT LOWER THAN 2.81
ZLOTYS
AND NOT HIGHER THAN 10.23 ZLOTYS EACH
    * MANAGEMENT WILL BE AUTHORIZED TO BUY BACK COMPANY'S OWN
SHARES
TILL JUNE 30, 2020 
    * SHAREHOLDERS TO VOTE ON CREATING RESERVE CAPITAL OF TOTAL
AMOUNT
OF 5 MILLION ZLOTYS TO FINANCE SHARE BUY-BACK

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMS740na
    
 Further company coverage:  AATP.WA  
   


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