Brief: Vidrala Announces Share Buy-Back Programme Of 330,000 Shares To Reduce Share Capital

Vidrala SA

20/12/2023 11:47

Dec 20 (Reuters) - Vidrala SA  VID.MC :
    * ANNOUNCES SHARE BUY-BACK PROGRAMME
    * COMPANY PLANS TO BUY SHARES IN THE MARKET UNTIL IT
ACCUMULATES
APPROXIMATELY 1% OF THE SHARE CAPITAL
    * CONSEQUENTLY, UP TO A MAXIMUM OF 330,000 SHARES WILL BE
ACQUIRED, FOR A MAXIMUM CASH AMOUNT OF EUR 33 MILLION
    * THE PROGRAM WILL HAVE A MAXIMUM DURATION OF TWELVE MONTHS
    * PURPOSE OF PROGRAMME IS TO REDUCE SHARE CAPITAL OF VIDRALA
BY
REDEMPTION OF OWN SHARES, WITH  AIM OF CONTRIBUTING TO
SHAREHOLDERS’ REMUNERATION POLICY THROUGH INCREASE IN EARNINGS
PER SHARE

Source text for Eikon:  ID:nCNMbk57XX 
Further company coverage:  VID.MC 

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