Brief: ForFarmers To Start Share-Buyback Programme

ForFarmers NV

01/12/2021 06:09

Dec 1 (Reuters) - FORFARMES NV  FFARM.AS :
    * DECIDES TO START SHARE-BUYBACK PROGRAMME
    * FOR A MAXIMUM AMOUNT OF EUR 50 MILLION, AMONGST OTHERS TO
MAKE
BALANCE SHEET MORE EFFICIENT (SHARE CAPITAL REDUCTION)
    * WITHIN CURRENT AUTHORISATION 190,000 SHARES HAVE ALREADY
BEEN
REPURCHASED FOR IMPLEMENTATION OF EMPLOYEE PARTICIPATION PLANS
IN 2021
    * TOTAL NUMBER OF SHARES IN ANNOUNCED SBB PROGRAMME IS
CONSEQUENTLY AT MAXIMUM 9,331,882
    * IT HAS BEEN DECIDED, AFTER AMPLE CONSIDERATION, TO
INITIATE A
REGULAR SBB PROGRAMME
    * SBB PROGRAMME WILL START ON 2 DECEMBER 2021 AND WILL END
ON 31
DECEMBER 2023, OR AS SOON AS SBB PROGRAMME HAS BEEN COMPLETED
    * THIS WILL BE EXECUTED BY AN INDEPENDENT FINANCIAL
INTERMEDIARY

Source text for Eikon:  ID:nGNE57RHCV 
Further company coverage:  FFARM.AS 

 (Gdansk Newsroom)
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