Brief: Greenyard Q1 Sales Up At EUR 1.17 Bln

Greenyard NV

30/08/2021 06:50

Aug 30 (Reuters) - GREENYARD NV  GREENY.BR :
    * Q1 TRADING UPDATE_2021_EN
    * GREENYARD'S Q1 SALES HAVE FURTHER INCREASED TO EUR 1
170,8M,
IMPLYING AN ADDITIONAL GROWTH OF 2,3% ON A LIKE- FOR-LIKE BASIS
    * GREENYARD ANNOUNCES TODAY THAT ITS BOARD OF DIRECTORS HAS
DECIDED TO START A SHARE BUYBACK PROGRAM FOR REPURCHASE OF UP TO
600 000 SHARES
    * SHARE BUYBACK WILL BE USED FOR SOLE PURPOSE OF MEETING
OBLIGATIONS ARISING FROM EXISTING INCENTIVE PLANS
    * BUYBACK PROGRAM FOR A DURATION OF 6 MONTHS
    * SHARE BUYBACK COULD POTENTIALLY INCREASE TREASURY SHARES
HELD TO
AROUND 3,8% OF TOTAL OUTSTANDING SHARES
    * FURTHER GROWTH THIS YEAR, WHICH IS IN LINE WITH OUR
EXPECTED
GROWTH RATE, PROVES THAT GREENYARD CONTINUES ITS GROWTH PATH
STARTING FROM LAST YEAR’S SIGNIFICANT STEP-UP

Source text for Eikon:  ID:nNDL1cgY3q 
Further company coverage:  GREENY.BR 

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