Brief: Nova Re Launches Share Buyback For Up To EUR 1.4 Mln

Next Re SIIQ SpA

09/09/2019 07:21

Sept 9(Reuters) - Nova Re Spa  NR.MI :
   
    * SAID ON FRIDAY BOARD HAD APPROVED LAUNCH OF BUYBACK
PROGRAM VIA
VOLUNTARY PARTIAL TENDER OFFER ON MAXIMUM 283,313 TREASURY
SHARES FOR UP TO EUR 1.4 MLN
    * TENDERED SHARES, EQUIVALENT TO 2.6% OF ITS CAPITAL, WILL
BE
OFFERED AT PRICE OF EUR 4.78 PER SHARE 
    * OFFER PERIOD STARTS ON SEPT. 9 AND ENDS ON SEPT. 27

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAjQGtl
    
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