AP Alternative Portfolio AG announces an Equity Buyback for 80,000 shares, representing 22.53% for CHF 15.92 million.
February 19, 2021 at 12:05 pm IST
AP Alternative Portfolio AG (BRSE:APN) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 registered shares, representing 22.53% of the registered share capital for CHF 15.92 million. The shares will be repurchased within the price range of CHF 187 to CHF 199 per share. The purpose of the offer is to return liquidity to the shareholders. The tender offer will expire on March 19, 2021.