BRÈVE

sur MBB Industries AG (isin : DE000A0ETBQ4)

MBB SE Announces €15 Million Share Buyback and Treasury Shares Cancellation

Graphique de l'évolution du cours de l'action MBB Industries AG (EBR:MBB).

On October 30, 2024, MBB SE, a medium-sized family business based in Berlin, declared its plan to initiate a share buyback program. Authorized by the Annual General Meeting in June 2024, the company aims to repurchase shares worth up to €15 million, with a maximum price of €120 per share. The buyback is set to begin on November 15, 2024, and conclude by April 30, 2025.

The buyback will adhere to Safe Harbour provisions as per EU regulations. Concurrently, MBB SE decided to cancel 280,223 treasury shares, constituting 4.90% of its share capital, reducing the total from 5,716,392 to 5,436,169 shares. This action reflects the company's response to what it perceives as share undervaluation, supported by its solid financial position.

R. P.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de MBB Industries AG