Brief: NOS Approves Purchase Of Up To 1.3 Mln Own Shares

Nos SGPS SA

08/03/2023 06:43

March 8 (Reuters) - NOS  NOS.LS :
    * SAID ON TUESDAY IT HAD APPROVED PURCHASE OF OWN SHARES,
UNDER
THE TERMS OF NOS' SHORT AND MEDIUM TERM VARIABLE REMUNERATION
PLAN
    * MAY ACQUIRE UP TO A MAXIMUM OF 1.3 MILLION SHARES (0.25%
OF
SHARE CAPITAL), DESTINED TO COVER COMPANY'S EXISTING OBLIGATIONS
UNDER EMPLOYEE SHARE PLANS
    * OWN SHARE PURCHASE PROGRAMME WILL START ON 8 MARCH 2023
AND WILL
TAKE PLACE UNTIL UP TO 8 JUNE 2023
    * WILL PURCHASE AND HOLD SHARES LIMITED TO MAXIMUM OF 25% OF
DAILY
TRADING VOLUME ON EURONEXT LISBON AND UP TO MAXIMUM PRICE
DIFFERENTIAL OF PLUS OR MINUS 15% OF THE LOWEST PRICE RECORDED
IN PREVIOUS 3 TRADING SESSIONS
    * TIMING AND PACE OF OWN SHARE PURCHASE WILL BE DEPENDENT ON
MARKET FACTORS AND WILL AVOID DISTURBING NORMAL TRADING
CONDITIONS

        
 Source text: https://bit.ly/3L5P6XD
 Further company coverage:  NOS.LS  

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