Brief: Pragma Inkaso plans share buyback of up to 7.4 mln zlotys

Npl Nova SA

14/06/2017 10:34

June 14 (Reuters) - PRAGMA INKASO SA  PRIP.WA : 
    * SAID ON TUESDAY THAT ITS SHAREHOLDERS RESOLVED TO ENTITLE COMPANY'S MANAGEMENT TO BUY BACK 
UP TO 736,000 ITS OWN SHARES 
    * CREATED RESERVE CAPITAL OF 7.4 MILLION ZLOTYS TO FINANCE SHARE BUYBACK PLAN 
    * SHARE BUYBACK PLAN TO LAST NOT LONGER THAN 5 YEARS 
    * SHARES TO BE ACQUIRED AT PRICE NOT LOWER THAN ITS NOMINAL VALUE OF 1.0 ZLOTY PER SHARE 
    * ACQUIRED SHARES TO BE SOLD OR REDEEMED 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1309822 
     
 Further company coverage:  PRIP.WA   
    
 
 
 
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