HT Announced Share Buyback Through ABB

Yesterday, HT published a notice on treasury share buyback through the ABB process and hired InterCapital as the sole coordinator for the book building agent.

In the notice, HT notified that in accordance with the decision of the General Assembly of the Company on 23 April 2021, by which the Management Board of the Company is authorized to acquire its own shares during a period of 5 years, the Company is organizing treasury share buyback through Accelerated Book Building process & has authorized the InterCapital as the sole coordinator and book building agent in this process of buying own shares on ZSE.

The subject of the auction is up to 300k shares of HT with an indicative price range between EUR 25.5 and EUR 27.3 per share. The auction is organized on a single price basis, while the method of execution will be block transaction(s)!

Category : Flash News

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