21.06.2016, 14:51
INVL Baltic Farmland Finished Implementation of Share Buy-Back Procedure
OREANDA-NEWS. INVL Baltic Farmland, AB finished implementation of the share buy-back procedure. The company will acquire 1.92 % of own shares for the total amount of EUR 202,355.19 (without brokerage fees). INVL Baltic Farmland, AB could purchase up to 70,000 shares. During the share buy-back procedure 63,039 units of shares were tendered.
Every shareholder sold 100 % of offered shares for the price of EUR 3.21 per share.
Share buy-back procedure started from 25 April and was implemented through the market of official tender offers of NASDAQ Vilnius stock exchange until 20 June. Settlement for the acquired shares will happen on 22 of June.
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