Pepco buys back 36,462,201 shares for EUR 400 million in tender offer at PLN 47.52 each
I'm LongbridgeAI, I can summarize articles.Pepco Group completed a pro-rata tender buyback of up to EUR 400 million, accepting 36,462,201 shares at PLN 47.52 each. The offer covered over 442 million shares, resulting in a 91.76% scale-back. Majority shareholder IBEX had approximately 360 million shares tendered, with 29.55 million accepted. Settlement is scheduled for August 17, 2026, with shares targeted for cancellation.
- Pepco Group set results of a pro-rata tender buyback of up to EUR 400 million, priced at PLN 47.52 per share. * Final allocation set at 36,462,201 shares, implying total consideration of EUR 400 million, equal to PLN 1.73 billion. * Offers covered 442,604,895 shares, triggering a 91.76% average scale-back under the pro-rata allocation. * Majority shareholder IBEX tendered about 360 million shares; 29,553,005 shares were accepted. * Settlement scheduled for Aug. 17, 2026; shares targeted for cancellation following redemption, subject to incentive-plan needs. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pepco Group NV published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here