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ETLN - Etalon News Story

$1.5 0.0  0.0%

Last Trade - 8:52am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £338.5m
Enterprise Value £583.8m
Revenue £884.3m
Position in Universe 609th / 1814

BRIEF-Russian homebuilder Etalon announces share buyback

Tue 24th March, 2020 7:49am
March 24 (Reuters) - Russian house builder Etalon Group PLC
 ETLNGq.L  says:
    * The company's board of directors has proposed that an
extraordinary shareholder meeting authorize the company to buy
back global depositary receipts (GDRs) for general corporate
purposes.
    * The maximum number of GDRs that may be acquired and held
by or
on behalf of the company shall not exceed 10% of the subscribed
capital of the company.
    * The GDRs that are bought back can be held by the company
for a
period of no longer than two years. 

  Further company coverage:  ETLNGq.L 

 (Reporting by Moscow Newsroom)
 ((moscow.newsroom@thomsonreuters.com; +74957751242;))
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