Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime
Provider: Directors Deals Ltd.

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Reply SpA Approves Share Repurchase Program

Tuesday, 23 Apr 2013 07:29am EDT 

Reply SpA announced that it has authorized a new treasury share purchase plan, by withdrawing the current one as approved in the Shareholders’ Meeting on April 27, 2012: the main objective of this plan is the purchase of shares to service the share incentive schemes, transactions aimed at acquiring stakes in new companies, extraordinary financial operations and/or the conclusion of agreements with strategic partners. The plan will last for 18 months from the approval date, for a maximum of 1,611,758 ordinary shares (equal to 17.4473% of the current share capital) with a nominal value of EUR 0.52 each for a maximum nominal value of EUR 838,114.16, with a maximum allowed financial commitment of EUR 30,000,000. The purchase price may not be higher than the official price of the transactions recorded on the MTA market the day prior to the purchase, increased by 15%. 

Company Quote

0.2 +0.34%
22 Oct 2014