Brief: Rovio Entertainment Starts Repurchasing Own Shares

Rovio Entertainment Oyj

08/11/2022 10:41

Nov 8 (Reuters) - Rovio Entertainment Oyj  ROVIO.HE :
    * REG-ROVIO ENTERTAINMENT CORP.: ROVIO STARTS REPURCHASING
OWN
SHARES
    * MAXIMUM NUMBER OF SHARES TO BE ACQUIRED IS 1,000,000
CORRESPONDING TO 1.2% OF TOTAL NUMBER OF SHARES
    * PURPOSE OF SHARE REPURCHASE PROGRAM IS TO DEVELOP CO'S
CAPITAL
STRUCTURE AND/OR TO USE SHARES AS CONSIDERATION IN POTENTIAL
ACQUISITIONS, AS PART OF CO'S SHARE-BASED INCENTIVE PROGRAM OR
OTHERWISE FOR FURTHER TRANSFER, RETENTION OR CANCELLATION
    * MAXIMUM CAPITAL TO BE USED FOR REPURCHASE IS EUR 7.5
MILLION
    * SHARE REPURCHASE SHALL START ON 9 NOVEMBER 2022 AT
EARLIEST AND
END BY LATEST ON 31 DECEMBER 2022
    * OWN SHARES SHALL BE REPURCHASED WITH FUNDS FROM COMPANY'S
UNRESTRICTED SHAREHOLDERS' EQUITY

Source text for Eikon:  ID:nGNE12DPyS 
Further company coverage:  ROVIO.HE 
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