Profil:
Getin Holding SAGetin Holding finance wants to carry out buyback of up to 104.4k own shares for redemption
Listed financials group Getin Holding's shareholders will decide on a buyback of up to 104,400 of the company's own shares for redemption, according to draft resolutions for the ordinary general meeting.
As stated, the amount that may be earmarked by the company for the buyback amounts to no more than PLN 73 million (EUR 17.15 mln). Getin Holding wants to engage funds accumulated in the reserve capital for this purpose.
As indicated in the draft resolution, Getin Holding's management board is to be authorised to buy back shares once or more from the adoption of the resolution until December 31, 2025.
Moreover, the draft assumes that the company and Leszek Czarnecki will determine the proportions in which they will acquire shares under the voluntary tender offer in such a way that Getin will acquire all the shares covered by the voluntary tender offer and Leszek Czarnecki will not acquire any shares covered by the tender offer.
mcb/ ao/