lm group completes its share repurchase program and announces the launch of a new one subject to approval by AGM
Amsterdam/Chiasso, 26 April 2019 - lastminute.com N.V. announces that it ended today its share buyback started in May 2017 (the "share buyback").
Under the share buyback, 266,783 bearer shares of lastminute.com N.V. for a total of CHF 3.7M (€ 3.2M) were repurchased. The average purchase price per share was CHF 13.8453.
The bearer shares repurchased have been used for lm group's employee stock option 2011-2013 plans, and still committed to the current employee stock based long term incentive plan and/or to finance acquisitions.
Subject to approval by the Annual General Meeting on 8 May 2019 of a new share buyback program of a maximum of 559,882 shares, lastminute.com NV will continue to buy back own shares on 10 May 2019. The new share buyback will end on 7 May 2021 at the latest. The bearer shares repurchased will be used for the current employee stock based long-term incentive plan and/or to finance acquisitions.
The share buyback will be executed through lastminute.com N.V., Amsterdam or Sealine Investments L.P., Edinburgh, Scotland.
Provider | Channel | Contact | ||
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EQS Group Ltd., Switzerland switzerland.eqs.com |
newsbox.ch www.newsbox.ch |
Provider/Channel related enquiries cs.switzerland@eqs.com +41 41 763 00 50 |