(Tiper Stock Exchange) – neodecortech communicated that since May 15, 2023, it has been launched a treasury share buyback programme aimed at increasing the Company’s treasury share portfolio, mainly for any investment transactions, for use to service remuneration and incentive plans based on financial instruments and for conservation for subsequent use.
The purchases must take place at a unit purchase price neither higher nor lower than 10% compared to the closing price recorded by the stock in the trading session preceding each single transaction.
The Program will end by 27 October 2024.
As of May 15, NDT holds 23,000 treasury shares equal to approximately 0.86% of the share capital, purchased on the basis of the previous treasury share buyback programmes. The subsidiaries do not hold any shares in the Company.
In Piazza Affari, today, a small step forward for neodecortechwhich brings home a timid +0.64%.