Brief: Mercator Medical Buys Back Own Shares To Transfer Profits To Shareholders

Mercator Medical SA

14/02/2023 11:54

Feb 14 (Reuters) - Mercator Medical SA  MRCP.WA :
    * RIGHT NOW WE DON'T HAVE PARTICULAR GOAL FOR BUYBACK, WE'RE
DOING
IT TO TRANSFER OUR PROFITS TO SHAREHOLDERS
    * SAYS RIGHT NOW WE ARE NOT IN TALKS ON TAKING MERCATOR OFF
THE
MARKET, BUT I CAN'T SAY IT WILL NEVER HAPPEN
    * WE NOW PLAN OUR STRATEGY FOR SHORTER, 1-YEAR LONG PERIODS
    * IT IS NOT CONSIDERING PURCHASE OF FACTORIES IN ASIA
    * FURTHER INVESTING IN PRODUCTION IN LIGHT OF CRISIS ON
GLOVES
MARKET WOULD BE IRRATIONAL

Further company coverage:  MRCP.WA 
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