Brief: MBB Board Resolves Share Buyback And Proposes Dividend For FY 2018

MBB SE

13/03/2019 12:37

March 13 (Reuters) - MBB SE  MBBG.DE :
    * RESOLVES SHARE BUYBACK AT A PRICE OF EUR89.00 PER SHARE
AND
PROPOSES DIVIDEND FOR FINANCIAL YEAR 2018
    * TO PROPOSE AN INCREASE OF BASE DIVIDEND FOR FINANCIAL YEAR
2018
BY 4.5% YOY TO EUR 0.69 PER SHARE
    * WILL BUY BACK 646.775 OWN SHARES CORRESPONDING TO C. 9.80%
OF
SHARE CAPITAL
    * INTENDS TO CANCEL ALL TREASURY SHARES FOLLOWING SHARE
BUYBACK
FOR PURPOSE OF A CAPITAL REDUCTION

Source text for Eikon:  ID:nEQ1XF202a 
Further company coverage:  MBBG.DE 

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