Brief: Eurocommercial Properties Announces Move To Semi-Annual Dividend Payments And Share Buyback Programme

Eurocommercial Properties NV

12/06/2019 07:08

June 12 (Reuters) - EUROCOMMERCIAL PROPERTIES NV  SIPFc.AS :
    * EUROCOMMERCIAL PROPERTIES N.V. ANNOUNCES MOVE TO
SEMI-ANNUAL
DIVIDEND PAYMENTS AND SHARE BUYBACK PROGRAMME
    * ANNOUNCES THE START OF A BUYBACK PROGRAMME OF ITS
DEPOSITARY
RECEIPTS FOR THE PURPOSE OF RETURNING CAPITAL TO ITS HOLDERS OF
DEPOSITARY RECEIPTS
    * THE BUYBACK WILL BE FUNDED BY EXISTING FACILITIES AND THE
COMPANY WILL KEEP THE REPURCHASED DEPOSITARY RECEIPTS IN
TREASURY
    * PROGRAMME WILL START ON JUNE 14 AND WILL CEASE ON SEPT 30
OR AS
SOON AS € 20 MILLION HAS BEEN SPENT

Source text for Eikon:  ID:nGNE20z17G 
Further company coverage:  SIPFc.AS 

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