Brief: Huuuge To Run Buyback Of Up To 16.4 Mln Shares At $7.30 Per Share
BRIEF-Huuuge To Run Buyback Of Up To 16.4 Mln Shares At $7.30 Per Share Sept 16 (Reuters) - Huuuge Inc HUGP.WA:
BOARD APPROVES SHARE BUYBACK OF UP TO 16.4 MILLION SHARES AT $7.30 PER SHARE
MAXIMUM ALLOCATION FOR SHARE REPURCHASE IS $120 MILLION
BUYBACK TO RUN FROM SEPT 17 TO OCT 2, WITH SETTLEMENT PLANNED FOR OCT 6
BUYBACK COVERS UP TO 36.74% OF SHARE CAPITAL, SHARES BOUGHT BACK ARE INTENDED TO BE RETIRED
Source text: ID:nEM2yqZDCa
Further company coverage: HUGP.WA
(Reporting by Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))