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General

Siminn decides to buy back own shares worth ISK 500 million

Tuesday 7 July 2020 | 12:11 CET | News
Icelandic operator Siminn said its board of directors has decided to buy back another ISK 500 million following the decision at its 12 March 2020 AGM to authorise the repurchase of up to 10 percent of its capital. Fossar Markets will oversee the implementation. The purchase will be done in stages with a daily maximum of less than 6.20 million shares, or 25 percent of average daily trading in its stock on the Iceland Stock Exchange in June 2020.

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Categories: General
Companies: Siminn
Countries: Iceland
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