Profil:
Allegro.eu S.A.Allegro wants to buy back own shares for incentive programme for max. PLN 156.3 mln
The board of directors of listed e-commerce platform Allegro. eu has decided to implement a share buyback programme to realise awards under its employee incentive programme. The company wants to allocate a maximum of PLN 156.3 million (EUR 36.3 mln) for the purchase of shares, Allegro said in a market filing.
As stated, the maximum purchase price is to be PLN 45 (EUR 10.44) per share and the maximum number of shares to be purchased is 3,473,726.
The programme is expected to last from December 1, 2024 to May 31, 2025 and will be run by lender Santander BP's brokerage.
pel/ han/