on Mayr-Melnhof Karton AG (isin : AT0000938204)
Mayr-Melnhof Karton AG Launches Share Repurchase Programme
Mayr-Melnhof Karton AG announced a share repurchase programme, aimed at buying up to 1,000,000 shares, or 5% of its share capital. The decision was based on the authorisation from the Annual General Meeting on 24 April 2024.
The programme will start on 3 January 2025 and last until 23 December 2025. Shares will be bought via the Vienna Stock Exchange and possibly over the counter, pending supervisory board approval. The purchase price per share will range from EUR 10 to EUR 80.
A credit institution has been tasked with executing the repurchase over the stock exchange, following EU trading regulations. The repurchase is not an obligation for offers to purchase shares.
No effects on stock exchange admission are anticipated from this programme. Updates and transaction details will be published on the company's website.
R. H.
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