Multimedia Polska plans buy back 17.9 million shares, putting the buy-back total to its target of 30.6 million shares or 20% stake ahead of time.
“We consider buying back 20% of our own shares in three months as a big success,” CEO Andrzej Rogowski said. “Reaching the goal before the set time certainly confirms that the offered terms were attractive to investors.”
The Polish cable operator will pay PLN173.5m (43m) on the 11.68% stake in a transaction set for August 9.
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23 October 2020 @ 09:29:38 UTC