Brief: Olam Group To Allocate $2 Billion To De-Lever Balance Sheet

Olam

14/04/2025 24:22

April 14 (Reuters) - Olam Group Ltd OLAG.SI:

TO ALLOCATE $2 BILLION TO DE-LEVER BALANCE SHEET

TO RE-INITIATE SHARE BUYBACKS

TO INVEST US$500 MILLION OF EQUITY INTO OFI

TO DISTRIBUTE PROCEEDS TO SHAREHOLDERS VIA SPECIAL DIVIDENDS

TO SUPPORT STRATEGIC INITIATIVES TO UNLOCK POTENTIAL VALUE OF OFI, LIKE EXPLORING CONCURRENT LISTING IN EUROPE AND IN SINGAPORE

Further company coverage: OLAG.SI

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