GAM expects FY net loss after tax of 105 to 110 mln Swiss francs

Gam Holding AG

14/12/2023 06:47

BERLIN, Dec 14 (Reuters) - Swiss asset manager GAM
 GAMH.S  said on Thursday it expected to report a net loss after
tax between 105 million and 110 million Swiss francs
($120.86-$126.61 million) for the full year 2023.
    It also announced an update to its strategy to help it reach
profitability, and a share buyback of up to three million
registered shares.
($1 = 0.8688 Swiss francs)

 (Reporting by Linda Pasquini; Editing by Edmund Klamann)
 ((linda.pasquini@thomsonreuters.com; +48 58 7785261;))