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BRIEF-Concepcion Industrial Approves Buyback Program

Published 09/11/2019, 06:43 PM
Updated 09/11/2019, 06:50 PM
BRIEF-Concepcion Industrial Approves Buyback Program
CIC
-

Sept 11 (Reuters) - Concepcion Industrial Corp CIC.PS :
* APPROVES BUYBACK PROGRAM A TERM OF 3 YEARS COMMENCING ON
10
SEPTEMBER 2019 AND ENDING ON 9 SEPTEMBER 2022
* TO REPURCHASE UP TO 100 MILLION PESOS WORTH OF COMMON
SHARES
DURING THE 1ST YEAR, & UP TO 12 MILLION COMMON SHARES OVER 3 YRS
* BUYBACK PROGRAM WILL BE EXECUTED THROUGH THE OPEN MARKET
BY
MEANS OF THE TRADING FACILITIES OF THE PHILIPPINE STOCK EXCHANGE

Source text for Eikon: company coverage: CIC.PS

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