Brief: Huuge To Buy Back Up To 2.5 Mln Own Shares For Up To 40 Zlotys/Shr

Huuuge

16/02/2022 07:46

Feb 16 (Reuters) - Huuge Inc  HUGEP.WA :
    * SAID ON TUESDAY EXECUTIVE BOARD HAS RESOLVED TO BUY BACK 
COMPANY'S OWN SHARES
    * IT WILL ALLOCATE UP TO 100 MLN ZLOTYS ON BUYING BACK UP TO
2.5
MLN SHARES
    * SHARES WILL BE BOUGHT FOR UP TO 40 ZLOTYS PER SHARE
    * THE COMPANY HAS NOT YET SPECIFIED THE BUYBACK START DATE,
BUT
THE SCHEME WILL END NO LATER THAN MARCH 31 2023
    * SAID THE REASON BEHIND BUYBACK IS TO PROVIDE SHARES TO
COMPANY'S
EMPLOYEES UNDER THE EMPLOYEE STOCK OPTIONS SCHEME

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM97Q2FSa
 Further company coverage:  HUGEP.WA  

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