Brief: Pepco Launches Buyback For Up To €400 Mln

Pepco

14/07/2026 06:34

July 14 (Reuters) - Pepco Group PCOP.WA:
TO LAUNCH BUYBACK OF UP TO 49 MLN SHARES AT 41.76 ZLOTYS PER SHARE FOR TOTAL OF UP TO €400 MLN 
BUYBACK TO RUN FROM JULY 15 TO JULY 29 
IBEX, COMPANY'S MAJORITY SHAREHOLDER, PLANS  TO SUBSCRIBE ITS FULL SHAREHOLDINGS OF ABOUT 360 MLN ORDINARY SHARES TO BUYBACK 
BUYBACK TO BE FUNDED FROM COMPANY'S EXISTING INTERNAL CASH RESERVES AND NEW EXTERNAL DEBT, INCREASING NET LEVERAGE TO ABOUT ONE TIMES EBITDA - MIDDLE OF GROUPS TARGET RANGE OF 0.5X TO 1.5X
        
 Source text for Workspace: nEM4sCR2Ca
 Further company coverage: PCOP.WA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))