(Tiper Stock Exchange) – Alkemy communicated thelaunch of the treasury share buyback programme authorized by the Shareholders’ Meeting of 27 April 2023, to be carried out also in several tranches, which will have a maximum duration of 18 months.
The Buyback Plan has the purpose of using the treasury shares purchased, mainly as an investment object for an efficient use of the liquidity generated by the Company’s core business and for the assignment to the beneficiaries of any incentive plans, stock option plans and /o stock grant approved by the competent corporate bodies.
Starting from 24 May 2023 will start the first tranche of the Plan which will end on 23 June 2023.
Alkemy also specified that, with reference to the first tranche of the Buyback Plan, the maximum value of all purchases that can be made from Wednesday 24 May 2023 and until 23 June 2023 has been set at a maximum of 125,000 euros, while the amount the maximum number of treasury shares that can always be purchased within the terms of the first tranche of the Plan is equal to 10,000 shares (equal to approximately 0.18% of the share capital).
As of May 23, 2023, the company holds 139,315 treasury shares, equal to 2.450% of the share capital.
In Piazza Affari, today, checked progress for Alkemywhich closed up 0.68%.