Brief: Eimskip Starts Share Buy-Back Program

Eimskipafelag Islands hf

11/10/2023 08:09

Oct 11 (Reuters) - Eimskipafelag Islands hf  EIMS.IC :
    * SAID ON TUESDAY CO STARTED SHARE BUY-BACK PROGRAM
    * NUMBER OF SHARES TO BE ACQUIRED UNDER THE BUY-BACK PROGRAM
WILL
BE UP TO 2,150,000 WHICH AMOUNTS TO CA. 1.28% OF ISSUED SHARE
CAPITAL OF THE COMPANY
    * TOTAL PURCHASE PRICE WHICH MAY NOT EXCEED ISK
1,000,000,000 AT
MARKET VALUE
    * MAXIMUM NUMBER OF SHARES THAT MAY BE PURCHASED PER TRADING
DAY
WILL BE 33,000 SHARES AS OF 11 OCTOBER 2023


        
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE3kQXgY
 Further company coverage:  EIMS.IC  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))