Brief: Erdemir To Submit Share Buy-Back Program For General Assembly's Approval

Eregli Demir ve Celik Fabrikalari

06/03/2020 07:41

March 6 (Reuters) - ERDEMIR  EREGL.IS :
    * SAID ON THURSDAY TO SUBMIT "SHARE BUY-BACK PROGRAM" FOR
GENERAL
ASSEMBLY'S APPROVAL OF AUTHORIZATION 
    * DURATION OF BUY-BACK PROGRAM IS MAXIMUM THREE YEARS AS OF
THE
DATE OF THE GENERAL ASSEMBLY WHERE SUCH BUY-BACK PROGRAM IS
APPROVED
    * NOMINAL VALUE OF SHARES OF COMPANY BUY-BACKED CAN NOT
EXCEED TEN
PERCENT OF ISSUED CAPITAL OF COMPANY, ALSO INCLUDING THE
PREVIOUS ACQUISITIONS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKAVvGJQ
    
 Further company coverage:  EREGL.IS  
   


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