INVL Baltic Farmland, AB Buys-Back 0.06 % Shares
OREANDA-NEWS. INVL Baltic Farmland, AB finished implementation of the share buy-back procedure. The company will acquire 0.06 % of own shares for the total amount of EUR 5 577 (LTL 19 256). INVL Baltic Farmland, AB could purchase up to 16 471 units of shares. During the share buy-back procedure it was offered to buy 1 950 units of shares.
Every shareholder sold 100 % of offered shares for the price of EUR 2.86 (LTL 9.88) per share.
Share buy-back procedure started from 14 August and was implemented through the market of official tender offers of NASDAQ OMX Vilnius stock exchange until 30 September. The acquired 1 950 units of shares will be settled in euros on 3 October.
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