Brief: Cloud Technologies plans to spend 18 mln zlotys for own shares buyback

Cloud Technologies SA

30/10/2017 16:39

Oct 30 (Reuters) - CLOUD TECHNOLOGIES SA  CLDP.WA : 
    * EGM TO VOTE ON NOV. 27 ON SHARE BUYBACK, CO WANTS TO BUY BACK UP TO 920,000 OWN SHARES 
    * PLANS TO BUY BACK OWN SHARES REPRESENTING UP TO 20 PERCENT OF CO'S SHARE CAPITAL 
    * PLANS TO CREATE CAPITAL RESERVE OF 18 MILLION ZLOTYS TO COVER SHARE BUYBACK PROGRAM 
    * TO BUYBACK OWN SHARES AT MAXIMUM PAYMENT OF 120 ZLOTY PER SHARE AND MINIMUM OF 0.10 ZLOTY 
PER 
SHARE 
    * PLANS TO BUYBACK OWN SHARES TILL MARCH 31, 2018 
 
Source text for Eikon:  ID:nEB5WjJld  
Further company coverage:  CLDP.WA  
 
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