Brief: MTG Launches New Share Repurchase Program Which Starts On 20 June

Modern Times MTG AB (publ)

17/06/2022 17:47

June 17 (Reuters) - Modern Times Group MTG AB  MTGb.ST :
    * MTG LAUNCHES NEW SHARE REPURCHASE PROGRAM WHICH STARTS ON
20
JUNE
    * PROGRAM IS PART OF COMMITMENT TO RETURN APPROXIMATELY AT
LEAST
40% OF NET PROCEEDS FROM DIVESTMENT OF ESL GAMING TO GROUP'S
SHAREHOLDERS
    * AMBITION IS TO REPURCHASE SHARES FOR A TOTAL AMOUNT OF UP
TO SEK
200 MILLION, UNTIL 20 OCTOBER 2022

Source text for Eikon:  ID:nWkr1tbcZN 
Further company coverage:  MTGb.ST 

 ((Reuters.Briefs@thomsonreuters.com;))