Cancom seen surging on share buyback news
12/10/2021 06:57
** Shares in German IT firm Cancom COKG.DE are up 5.8%
pre-market after a share buyback
** The company decided to buy back around 3.5 million
treasury shares from the market, corresponding to 9% of its
current share capital urn:newsml:reuters.com:*:nFWN2R71JO
** "Cancom shares gained 5.5% in extended trading after
news," a local trader says
(Reporting by Bartosz Dabrowski in Gdansk)
((bartosz.dabrowski@thomsonreuters.com; +48 58 7696560;))