Brief: Siauliu Bankas Announces Initiation Of Share Buyback Program

Artea bankas AB

31/03/2020 14:37

March 31 (Reuters) - Siauliu Bankas AB  SAB1L.VL :
    * GENERAL MEETING APPROVES SHARE BUYBACK PROGRAM
    * DURATION OF THE PROGRAM IS 18 MONTHS
    * TOTAL NOMINAL VALUE OF BANK'S OWN SHARES MAY NOT EXCEED
1/10 OF
THE BANK'S AUTHORIZED CAPITAL
    * MAXIMUM PURCHASE PRICE PER SHARE IS 15% HIGHER THAN THE
MARKET
PRICE OF THE BANK'S SHARES AND MINIMUM ACQUISITION PRICE PER
SHARE  IS15% LOWER THAN THE MARKET PRICE OF THE BANK'S SHARES

Source text :  ID:nGNEb1gxsd 
Further company coverage:  SAB1L.VL 

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