March 11 (Reuters) - CIR SpA - Compagnie Industriali Riunite CIRI.MI :
* FY NET PROFIT EUR 32.8 MILLION VERSUS LOSS EUR 0.3 MILLION YEAR AGO
* FY EBITDA EUR 352.2 MILLION, UP 18.9% Y/Y
* PROPOSES TO NOT DISTRIBUTE DIVIDENDS BUT TO RENEW AUTHORIZATION TO CARRY
OUT
BUYBACK FOR UP TO 208 MILLION SHARES
* PROPOSES TO CANCEL 60 MILLION SHARES, WITHOUT A NOMINAL VALUE, HELD BY
COMPANY,
WITHOUT A REDUCTION IN SHARE CAPITAL
Further company coverage: CIRI.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48587720920;))