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BRIEF-Agora plans to buy back its shares for up to 23.8 mln zlotys
May 12, 2017 / 5:33 AM / 4 months ago

BRIEF-Agora plans to buy back its shares for up to 23.8 mln zlotys

May 12 (Reuters) - AGORA SA:

* SAID ON THURSDAY THAT ITS MANAGEMENT BOARD RECOMMENDED TO ITS SHAREHOLDERS NOT TO PAY FY 2016 DIVIDEND

* THE COMPANY TO DISTRIBUTE TO ITS SHAREHOLDERS PROFIT FROM PREVIOUS YEARS BY FINANCING BY THE END OF 2017 SHARE BUY BACK FOR UP TO TOTAL AMOUNT OF 23.8 MILLION ZLOTYS

* SHARES TO BE PURCHASED AT PRICE BETWEEN 15.5 ZLOTY PER SHARE - 20.0 ZLOTY PER SHARE

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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