Brief: TPC Consolidated Says To Undertake On Market Buy-Back Of Up To 1.0 Mln Ordinary Shares

TPC Consolidated

05/04/2023 07:50

April 5 (Reuters) - TPC Consolidated Ltd  TPC.AX :
    * TO UNDERTAKE AN ON MARKET BUY-BACK OF ITS ISSUED ORDINARY
SHARES
    * UP TO 1.0 MILLION TPC SHARES COULD BE PURCHASED OVER
COURSE OF
BUY- BACK
    * BUY-BACK IS EXPECTED TO COMMENCE NO EARLIER THAN 28 APRIL
2023
FOR A DURATION OF NO LONGER THAN EIGHT MONTHS
    * BOARD'S VIEW IS THAT CURRENT SHARE PRICE IS MATERIALLY
BELOW ITS
INTRINSIC VALUE

Source text for Eikon:  ID:nASX2V50l6 
Further company coverage:  TPC.AX 

 ((Reuters.Briefs@thomsonreuters.com;))