Brief: Tomtom Initiates EUR 50 Million Share Buyback Program

TomTom NV

30/10/2023 06:33

Oct 30 (Reuters) - TomTom NV  TOM2.AS :
    * TOMTOM INITIATES EUR 50 MILLION SHARE BUYBACK PROGRAM
    * PROGRAM WILL COMMENCE ON 30 OCTOBER 2023 AND WILL RUN FOR
A
MAXIMUM DURATION OF 12 MONTHS
    * AIMS TO REPURCHASE APPROXIMATELY 7% OF ORDINARY SHARES, IN
ACCORDANCE WITH AUTHORIZATION PROVIDED BY GENERAL MEETING ON 14
APRIL 2023 TO REPURCHASE SHARES UP TO A LIMIT OF 10%

Source text: https://tinyurl.com/y7jw5a66
Further company coverage:  TOM2.AS 

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