on CBO TERRITORIA (EPA:CBOT)
CBo Territoria's share buyback program in detail
CBo Territoria officially announced its share buyback program following the authorization obtained at the general meeting of May 2, 2024. This program aims to optimize the liquidity of its securities on the market and to meet various strategic objectives. The company has defined a purchase ceiling of 10% of its shares, with a maximum price set at 4.70 euros per share and a total budget which amounts to 17,177,273.30 euros.
The shares acquired could be used for mergers, spin-offs or as payment for future acquisitions. In addition, they will be used to cover various compensation plans, including purchase options for employees. This system will be effective for 18 months, until November 1, 2025.
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