The share buy-back
programme will start on 19 August 2019 and will run up to 5 August 2020.
Form and purpose of buying back treasury shares, in particular whether the buy-back
is to be conducted through and/or outside the stock exchange, whether a takeover bid will be made during the buy-back
, whether the shares are to be retired or sold again if need be, or whether they are to be used for the purposes of an employee participation program: The buy-back
of ANDRITZ shares under the buy-back
program will be conducted through the Vienna Stock Exchange.
While, AHL's Board of Directors has approved a proposal to buy-back
its own fully paid-up ordinary shares of face value of Rs.10 from shareholders of the company at a price of Rs.
This share buy-back
programme is initiated under the authorisation granted at the annual general meeting on 24 April 2019, according to which the company may purchase up to 10% of the company's share capital for the time being.
programme will be managed by an investment firm or credit institution that makes its trading decisions regarding the timing of the buy-backs
of Telia Company's shares independently of Telia Company.
Between 2008 and 2017, 466 of the S&P 500 companies spent around $4 trillion on stock buy-backs
, equal to 53 per cent of profits.
The Lopez firm, in a disclosure to the Philippine Stock Exchange (PSE), has noted that "the maximum amount of shares and buy-back
period will be subject to revision by (its) board of directors from time to time as circumstances warrant," and subject to proper disclosures to regulatory agencies.
program shall be implemented in an orderly manner and should not adversely affect the company's and its subsidiaries' prospective and existing projects,' the company assured.
As per auction calendar determined by the Finance Division, the buy-back
programme will be operational through reverse auction or over the counter (OTC) transaction, the circular says.
The regulations shall be applicable to buy-back
of own shares by listed companies, said a press statement issued by the commission here.
Waha Capital has announced its intention to implement a share buy-back
programme for up to 10 per cent of the outstanding shares of the company, allowing for the repurchase of up to 194 million of the company's shares from the market.
"Legal and contract experts of NIOC have managed over the past two decades to work out the so-called buy-back
model based on the country's economic conditions and by benefiting from domestic and foreign experiences.