Brief: MBB Plans To Increase Dividend

MBB SE

19/03/2020 06:56

March 19 (Reuters) - MBB SE  MBBG.DE :
    * SAID ON WEDNESDAY RESOLVES SHARE BUYBACK PROGRAM AND PLANS TO INCREASE DIVIDEND
    * INTENDS TO BUY BACK UP TO 594,075 OWN SHARES WITH A MAXIMUM VOLUME OF €3.0 MILLION AT A
PRICE OF
UP TO €55.0 PER SHARE VIA THE STOCK EXCHANGE STARTING FROM 20 MARCH 2020
    * SHARE BUYBACK PROGRAM WILL END ON 30 JUNE 2020 AND THE ACQUIRED SHARES WILL BE USED AS
ACQUISITION CURRENCY OR FOR OTHER PURPOSES APPROVED BY THE ANNUAL GENERAL MEETING
    * DUE TO THE CURRENT RESTRICTIONS CAUSED BY THE SPREAD OF THE CORONAVIRUS, THE ANNUAL
GENERAL
MEETING WILL NOT BE ABLE TO TAKE PLACE IN MAY AS ORIGINALLY PLANNED

Source text for Eikon:  ID:nEQ5GbSPDa 
Further company coverage:  MBBG.DE 

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