Brief: Mostostal Zabrze To Create 4.8 Mln Zlotys Reserve Capital For Buyback Purposes

Mostostal Zabrze SA

04/09/2023 13:55

Sept 4 (Reuters) - Mostostal Zabrze SA  MSZ.WA :
    * EGM VOTES TO CREATE RESERVE CAPITAL FOR BUYBACK OF OWN
SHARES
    * ALSO VOTES TO FINANCE SAID RESERVE CAPITAL WITH 4.8
MILLION
ZLOTYS FROM RESERVE CAPITAL CREATED FROM COMPANY'S PROFIT
    * ALSO VOTES TO AUTHORISE MANAGEMENT TO CARRY OUT BUYBACK
FOR UP
TO 4.9 MILLION ZLOTYS
    * UNDER AUTHORISATION PRICE PER SHARE IN BUYBACK WILL NOT
EXCEED 7
ZLOTYS PER SHARE
    * BUYBACK TO BE WHOLLY FINANCED FROM NEWLY CREATED RESEVE
CAPITAL

Source text for Eikon:  ID:nEM6rN8vJa 
Further company coverage:  MSZ.WA 

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