March 21, 2017 / 7:18 AM / in 9 months

BRIEF-ABC Data recommends not to pay FY 2016 dividend, plans share repurchase

March 21 (Reuters) - ABC Data SA:

* Recommends not to pay FY 2016 dividend

* Recommends to allocate FY 2016 net profit to reserve capital and to share buy back

* Plans to buy back no more than 2.5 million its shares at purchase price no less than 1.00 zloty ($0.2525) per share and no more than 2.57 zlotys per share Source text for Eikon: Further company coverage: ($1 = 3.9605 zlotys) (Gdynia Newsroom)

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