Clime Investment Management Limited announces an Equity Buyback for 5,664,924 shares, representing 10% of its issued share capital.
January 04, 2018 at 11:19 am IST
Clime Investment Management Limited (ASX:CIW) announces a share repurchase program. Under the program, the company will repurchase up to 5,664,924 shares, representing 10% of the issued share capital. The purpose of the buyback is capital management. The share repurchase program will be valid until January 18, 2019. As on January 4, 2018, the company has 56,649,243 shares in issue.