Yangzijiang Maritime to hold EGM on Mar 6 on proposed share buyback
I'm PortAI, I can summarize articles.
Yangzijiang Maritime will hold an extraordinary general meeting on March 6 to seek shareholder approval for a proposed share buyback mandate. The company plans to buy back up to 10% of its total issued shares, approximately 348.9 million shares. The buyback can occur through on-market and off-market purchases, with maximum prices set at 105% and 120% of the average closing price, respectively. The total consideration for the maximum buyback could reach S$212.1 million for on-market purchases and S$242.5 million for off-market purchases.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Businesstimes News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments