Brief: Gestamp Automocion Launches Buy-Back Programme For Up To 15 Mln Euros
04/09/2023 16:42
Sept 4 (Reuters) - Gestamp Automocion SA GEST.MC :
* SAYS IT APPROVES BUY-BACK PROGRAMME
* SOLE PURPOSE OF PROGRAMME IS TO PROVIDE COMPANY WITH
SUFFICIENT
TREASURY STOCK TO ENABLE DELIVERY OF COMPANY SHARES TO CERTAIN
GESTAMP EMPLOYEES, BENEFICIARIES OF THE CURRENT LONG-TERM
INCENTIVE PROGRAMME
* MAXIMUM PECUNARY AMOUNT ALLOCATED TO THE PROGRAMME AMOUNTS
TO 15
MILLION EUROS
* MAXIMUM NUMBER OF SHARES TO BE ACQUIRED SHALL BE 3.0
MILLION,
WHICH IS EQUIVALENT TO 0.52% OF COMPANY'S SHARE CAPITAL
* PROGRAMME TO RUN FROM SEPTEMBER 6 TO DECEMBER 20, 2023
Source text for Eikon: ID:nCNM1xgqMM
Further company coverage: GEST.MC
(Gdansk Newsroom)
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