Brief: Quercus TFI resolves to spend 28.3 mln zlotys on share buyback

Quercus Towarzystwo Funduszy Inwestycyjnych SA

27/04/2017 14:27

April 27 (Reuters) - Quercus Towarzystwo Funduszy 
Inwestycyjnych SA  QRS.WA : 
    * Resolve to spend 28.3 million zlotys ($7.28 million) on 
share buyback 
    * To buy no more than 6 million of shares at 9.5 zloty per 
share 
    * To buy own shares until end of June 
    * Following the resolutions regarding the share buyback, the 
company has not resolved an alternative resolution regarding the 
dividend 
    * Earlier on in March, the company planned either a dividend 
or share buyback from the profit earned for 2016 
 
Source text for Eikon:  ID:nEM2798366  
Further company coverage:  QRS.WA  
 
($1 = 3.8889 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))