Allegro Board Recommends Raising Max Buyback Programme Price To 65 Zlotys/Shr

By Reuters News

- Allegro.eu AL0.D:

  • SAID ON MONDAY THAT ITS BOARD OF DIRECTORS HAD RESOLVED TO RECOMMEND TO THE UPCOMING NOVEMBER 18 ANNUAL GENERAL MEETING INCREASING MAX PRICE IN BUYBACK PROGRAMME ANNOUNCED ON JUNE 25 TO 65 ZLOTYS/SHARE

  • TOTAL AMOUNT FOR THE BUYBACK PROGRAM TO REMAIN UNCHANGED AT 1.6 BLN ZLOTYS

  • BOARD RECOMMENDS CANCELLING 17,879,330 SHARES ACQUIRED IN PHASE I OF BUYBACK PROGRAM

  • BOARD RECOMMENDS KATARZYNA OSTAP-TOMANN AS EXECUTIVE DIRECTOR AS OF NOVEMBER 18

  • BOARD RECOMMENDS THREE NEW NON-EXECUTIVE DIRECTORS EFFECTIVE JAN 1, 2027

  • RICHARD SANDERS RESIGNS AS NON-EXECUTIVE DIRECTOR EFFECTIVE AS OF NEXT GENERAL MEETING


Source text:
Further company coverage: AL0.D

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.