OREANDA-NEWS. August 15, 2012. One of the largest Lithuanian investment companies’ Invalda AB reduced its authorized capital by 5.756 million litas by cancelling treasury shares.

The amended Articles of Association of Invalda AB were registered by the Register of Legal Entities on the 6th of August.

General Shareholders’ meeting of Invalda AB on the 24th of May authorised the Company to acquire up to 10 per cent of own shares once the authorized capital is reduced. The Board of Invalda AB is delegated to make the specific decisions about the terms of buy-back; the Board has not considered the issue yet.