Brief: Smartcraft Re-Initiates Share Buy-Back Programme

Smartcraft ASA

07/05/2024 07:33

May 7 (Reuters) - Smartcraft ASA  SMCRT.OL :
    * SMARTCRAFT ASA (SMCRT) RE-INITIATES SHARE BUY-BACK
PROGRAMME
    * SHARE BUY-BACK PROGRAMME WILL BE FOR A MAXIMUM
CONSIDERATION OF
NOK 15 MILLION
    * REPURCHASES WILL BE CONDUCTED IN PERIOD FROM 7 MAY 2024
UNTIL
DAY BEFORE ISSUER'S ANNUAL GENERAL MEETING IN 2025, OR UNTIL
MAXIMUM CONSIDERATION HAVE BEEN REACHED.
    * MAXIMUM PRICE TO BE PAID PER SHARE UNDER PROGRAM IS NOK 30
    * PURPOSE OF SHARE BUY-BACK PROGRAMME IS TO OBTAIN TREASURY
SHARES
FOR POTENTIAL FUTURE SETTLEMENT OF COMPANY'S LONG-TERM
MANAGEMENT INVESTMENT PROGRAM FOR EXECUTIVE MANAGEMENT

Source text for Eikon:  ID:nWkrc5DPPy 
Further company coverage:  SMCRT.OL 

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