(Finance) – The co-CEO of Adyena Dutch company active in the payments sector, has excluding a share buyback after a worst-than-expected half-year crashed the stock on the Amsterdam Stock Exchange. Shares hit their lowest level in more than three years, extending yesterday’s record losses (-39% in a single session).
“We are focused on building a business and have always had a policy where we continue to invest our funds in the business – he told Bloomberg Ingo Uytdehaage And that’s what we continue to do.”
“It’s certainly not a reaction we were expecting,” Uytdehaage said of the stock market crash. How do we get some of that trust back.” “The markets are always right – he added – This is the best approach I can take”.