Brief: Cemat proposes share buyback programme or distribution of extraordinary dividends
29/08/2016 10:01
Aug 29 (Reuters) - Cemat A/S CEMAT.CO :
* Proposes share buyback programme of 0.352 Danish crowns per share or to distribute
extraordinary dividends of 0.227 crowns per share
* It is for shareholders to resolve which of the two options they prefer
* Background to the proposed resolution is that the company is expected to have excess
liquidity in the amount of 120 million Danish crowns ($18.03 million) as a result of the sale of
the aggregate silicium activities
Source text for Eikon: ID:nCSE6sm3
Further company coverage: CEMAT.CO
($1 = 6.6549 Danish crowns)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))