Brief: Skeljungur Hf Initiates Share Buy-Back Program

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07/06/2019 10:45

June 7 (Reuters) - Skeljungur Ltd  SKEL.IC :
    * REG-SKELJUNGUR HF.: SHARE BUY-BACK PROGRAM INITIATED
    * IT IS EXPECTED THAT REPURCHASE ACCORDING TO PROGRAM WILL START TODAY, JUNE 7(TH) AND WILL
REMAIN
UNTIL ANNUAL GENERAL MEETING IN 2020
    * MAIN PURPOSE OF PROGRAM IS TO MEET COMPANY'S APPROVED DIVIDEND POLICY
    * PURCHASE PRICE WHICH MAY NOT EXCEED ISK 550.000.000 AT MARKET VALUE

Source text for Eikon:  ID:nGNE1cY9yX 
Further company coverage:  SKEL.IC 

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