Brief: Matas Initiates New Share Buyback Program

Matas A/S

24/08/2021 09:44

Aug 24 (Reuters) - Matas A/S  MATAS.CO :
    * MATAS – NEW SHARE BUYBACK PROGRAM
    * HAS TODAY INITIATED A NEW SHARE BUYBACK PROGRAM FOR UP TO
DKK
75M, TO BE EXECUTED DURING PERIOD FROM 24 AUGUST UNTIL 31
DECEMBER 2021 AT LATEST.
    * SHARE BUYBACK PROGRAM WILL HAVE A MAXIMUM VALUE OF DKK
75M, AND
MAXIMUM NUMBER OF SHARES THAT CAN BE BOUGHT IS 850,000 SHARES.
    * PURPOSE OF PROGRAM IS TO REDUCE SHARE CAPITAL OF MATAS AND
TO
MEET OBLIGATIONS ARISING FROM MATAS' INCENTIVE SCHEME.
    * MATAS MAY SUSPEND OR CANCEL SHARE BUYBACK PROGRAM AT ANY
TIME

Source text for Eikon:  ID:nGNE1J2MRj 
Further company coverage:  MATAS.CO 

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