Global Dominion Access, S.A. announces an Equity Buyback for 1% of its issued share capital, for â¬6 million.
March 01, 2023 at 11:35 pm IST
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Global Dominion Access, S.A. (BME:DOM) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 1% of its issued share capital, for a total of â¬6 million. The purpose of the program is to reduce share capital of company by redemption of own shares, with aim of contributing to the shareholders' remuneration policy through increase in earnings per share.
Global Dominion Access SA is a Spain-based global services and projects company. It operates through three segments: Business to Business (B2B) 360º Projects, B2B Services and Business to Customers (B2C). B2B 360º Projects covers new production process or new infrastructure projects, offering design, implementation and maintenance of the same. B2B Services covers operation and maintenance outsourcing and process improvement projects. B2C comprises end customer-oriented activities, such as marketing of electricity, gas supplies, telecommunications services, insurance and other services in the household. The Company focuses on the B2B area and specializes in the technology and telecommunications (T&T), industry and energy fields targeting a wide and diverse range of sectors, including health, education, telecommunications, transport, logistics and public administration, business services, industrial, oil & gas and renewable energies, among others. It operates worldwide.