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SMAR - Smartphoto NV News Story

€31.8 0.1  0.3%

Last Trade - 1:53pm

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £101.5m
Enterprise Value £100.7m
Revenue £52.4m
Position in Universe 527th / 845

BRIEF-Smartphoto Group Launches New Share Buyback Programme

Thu 17th September, 2020 6:57am
Sept 17 (Reuters) - Smartphoto Group NV  SMAR.BR :
    * ANNOUNCED ON WEDNESDAY START OF NEW SHARE BUY-BACK
PROGRAMME
    * SHARE BUY-BACK PROGRAMME HAS MAXIMUM VALUE OF EUR 3 MLN OF
ITS
OWN SHARES
    * PERIOD FROM 17 SEPT 2020 TO 30 JUNE 2021, OR EARLIER WHEN
PREDETERMINED VALUE OF SHARES HAS BEEN ACQUIRED
    * TO USE PART OF FREE CASH FLOW TO CREATE POOL OF OWN SHARES
AS
INVESTMENT AND TO FINANCE POSSIBLE FUTURE ACQUISITIONS 

    
 Source text for Eikon:  ID:nNDL3rm1xD 
    
 Further company coverage:  SMAR.BR  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))
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