Brief: JR Holding adopts share buyback program

JRH ASI SA

13/11/2017 10:25

Nov 13 (Reuters) - JR HOLDING SA  JRH.WA : 
    * SAID ON FRIDAY THAT IT ADOPTED A SHARE BUYBACK PROGRAM 
UNDER 
WHICH COMPANY WANTS TO BUY UP TO 7.8 MILLION OWN SHARES OF TOTAL 
NOMINAL VALUE OF 780,000 ZLOTYS REPRESENTING 20 PERCENT OF THE 
COMPANY'S SHARE CAPITAL 
    * PLANS TO BUYBACK OWN SHARES AT THE PRICE NOT LOWER THAN 
0.10 
ZLOTY PER SHARE AND NOT HIGHER THAN 2.00 ZLOTY PER SHARE 
    * RESERVES IN TOTAL 5.0 MILLION ZLOTYS FOR THE SHARE BUYBACK 
    * SHARE BUYBACK STARTS ON NOV. 13 AND WILL LAST TILL JUNE 
30, 2020 
THE LATEST 
    * COMPANY WILL REDEEM ACQUIRED OWN SHARES OR RESELL THEM 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7JKHJJa 
     
 Further company coverage:  JRH.WA   
    
 
 
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