Oct 28 (Reuters) - Pepco Group NV PCOP.WA:
WILL COMMENCE SECOND €50 MILLION TRANCHE OF SHARE BUYBACK PROGRAMME ON 28 OCTOBER
PURPOSE OF SHARE BUYBACK IS TO MEET OBLIGATIONS UNDER EQUITY INCENTIVE PLANS AND CAPITAL REDUCTION
MAXIMUM AMOUNT ALLOCATED TO SHARE BUYBACK IS €50 MILLION
AT CLOSING PRICE OF 24 OCTOBER, MAX. NUMBER OF SHARES TO BE ACQUIRED UNDER PROGRAMME IS 7,502,127 SHARES
MAX. PURCHASE PRICE PER SHARE EXCLUDING EXPENSES, WHICH COMPANY MAY PAY FOR EACH SHARE TO BE ACQUIRED, WILL BE AMOUNT EQUAL TO 110% OF MARKET PRICE OF ORDINARY SHARES
PROGRAMME IS INTENDED TO COMMENCE ON 28 OCTOBER 2025 AND WILL END NO LATER THAN 16 JANUARY 2026
Source text: ID:nEM4jl6hsa
Further company coverage: PCOP.WA
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