Brief: R22 Management To Ask AGM For Buyback Approval

Cyber_Folks SA

10/05/2022 07:48

May 10 (Reuters) - R22 SA  R22.WA :
    * SAID ON MONDAY MANAGEMENT RECOMMENDS TO RETAIN FY 2021 NET
PROFIT
    * FY 2021 NET PROFIT TO BE ALLOCATED TO SUPPLEMENTARY
CAPITAL
    * MANAGEMENT ALSO RECOMMENDS AGM TO GRANT MANAGEMENT
PERMISSION TO
RUN A BUYBACK PROGRAMME
    * UNDER PUBLIC BUYBACK MANAGEMENT SEES ALLOCATING 14.3
MILLION
ZLOTYS FOR PURCHASE OF UP TO 260,000 OWN SHARES AT A PRICE NO
HIGHER THAN 54 ZLOTYS PER SHARE
    * BUYBACK WOULD RUN FROM AGM APPROVAL DATE TILL END-JUNE

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM6zm8Vga
 Further company coverage:  R22.WA  

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