Brief: Inmobiliaria Del Sur To Carry Out Buyback Programme For 2% Of Share Capital

Inmobiliaria del Sur SA

28/01/2022 16:59

Jan 28 (Reuters) - Inmobiliaria del Sur SA  ISUR.MC :
    * BOARD OF DIRECTORS OF CO RESOLVES TO CARRY OUT BUYBACK
PROGRAMME
    * MAXIMUM NUMBER OF SHARES TO BE ACQUIRED IN EXECUTION OF
THE
PROGRAM WILL BE 375,000 SHARES, WHICH REPRESENT 2% OF SHARE
CAPITAL
    * MAXIMUM MONETARY AMOUNT ALLOCATED TO THE PROGRAMME SHALL
BE 5
MILLION EUROS
    * THE PROGRAM WILL BE VALID FOR A MAXIMUM PERIOD OF 36
MONTHS
    * SHARES ACQUIRED WILL BE ASSIGNED IN FIRST PLACE TO
COMPLIANCE
WITH REMUNERATION PLAN LONG-TERM VARIABLE FOR EXECUTIVES AND
DIRECTORS AND AFTER FOR REDUCTION OF CAPITAL BY AMORTIZATION OF
SHARES ACQUIRED

Source text for Eikon:  ID:nCNM5JHG2D 
Further company coverage:  ISUR.MC 

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