on Covivio Hotels (EPA:COVH)
Covivio Hotels launches a new share buyback program
On April 15, 2024, the Combined General Meeting of Shareholders of Covivio Hotels authorized a share buyback program for a period of 18 months, ending on October 14, 2025. With a maximum dedicated fund of 200 million euros, the purchase price per share will not exceed 35 euros excluding acquisition costs. The program aims to improve the liquidity of shares and enable external growth, merger or spin-off operations. Other objectives include the cancellation of actions to optimize the management of financial resources.
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