Carmila: mandate to an ISP for share buybacks

(CercleFinance.com) - Carmila is pleased to announce that it has entrusted an investment services provider (ISP) with a mandate to buy back up to 10 million euros worth of its own shares, over a purchase period running from April 29 to July 31 at the latest.


Around 70,000 of the shares bought back will be allocated as part of the 2021 free share allocation plan, for the benefit of Carmila's managers and employees. The remainder will be held by Carmila for future cancellation.

The retail property company points out that this operation is part of its share buyback program, as authorized by the General Meeting of Shareholders held on Wednesday.

Copyright (c) 2024 CercleFinance.com. All rights reserved.