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    MCM — Miquel y Costas & Miquel SA News Story

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    Brief: Miquel Y Costas & Miquel To Carry Out Fifth Share Buy-Back Programme Of Up To 5.7 Mln Euros

    Picture of Miquel y Costas & Miquel SA logoMiquel y Costas & Miquel SA
    30/11/2023 17:42
    Nov 30 (Reuters) - Miquel y Costas & Miquel SA  MCM.MC :
    * BOARD OF DIRECTORS RESOLVED TO CARRY OUT FIFTH SHARE
BUY-BACK
PROGRAMME
    * PURPOSE: TO REDUCE SHARE CAPITAL BY REDEEMING TREASURY
SHARES IN
ORDER TO CONTRIBUTE TO SHAREHOLDER REMUNERATION POLICY BY
INCREASING EARNINGS PER SHARE
    * MAXIMUM AMOUNT OF BUY-BACK PROGRAMME WILL BE 5.7 MILLION
EUROS,
AND NUMBER OF TREASURY SHARES TO BE ACQUIRED MAY NOT EXCEED
400,000 SHARES, WHICH REPRESENTS 1.00% OF CURRENT SHARE CAPITAL
OF 40,000,000 SHARES
    * PROGRAMME SHALL COMMENCE ON DEC 1 AND SHALL REMAIN IN
FORCE
UNTIL 30 NOVEMBER 2024, UNLESS ONE OF MAXIMUMS SET OUT ABOVE HAS
BEEN REACHED PRIOR TO END OF PROGRAMME

Source text: https://tinyurl.com/n9dhd4tk
Further company coverage:  MCM.MC 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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