Brief: Herkules Plans To Buy Back Up To 8.07% Of Its Own Shares

Herkules SA w restrukturyzacji

11/06/2018 14:42

June 11 (Reuters) - Herkules SA  HRSP.WA :
    * MANAGEMENT RESOLVES TO LAUNCH SHARE BUY-BACK PROGRAM
    * SHARE BUY-BACK PROGRAM TO TAKE PLACE BETWEEN JUNE 12, 2018, AND DEC. 31,
2019
    * OWN SHARES TO BE PURCHASED AT PRICE NO LOWER THAN 4 ZLOTY PER SHARE AND
MANAGEMENT IS TO ANNOUNCE TENDER OFFER BEFOREHAND
    * PLANS TO BUY NO MORE THAN 8.07 PERCENT OF TOTAL NO. OF CO SHARES, THAT IS
3.5
MILLION SHARES
    * PURCHASED SHARES TO BE REDEEMED

Source text for Eikon:  ID:nEM2wF6Dwa 
Further company coverage:  HRSP.WA 

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