EVERGENT INVESTMENTS

EVER
End-of-day quote. End-of-day quote  - 01/21
1.22RON -1.61%

Societatea de Investitii Financiare Moldova S.A. announces an Equity Buyback for 12,700,000 shares, representing 1.25% for RON 23.5 million.

06/12/2019 | 12:00am
Societatea de Investitii Financiare Moldova S.A. (BVB:SIF2) announces a share repurchase program. Under the plan, the company will repurchase 12,700,000 shares, representing 1.25% of its issued share capital, for RON 23.5 million at a price of RON 1.85 per share. The purpose of the repurchase program is to reduce the share capital through the cancellation of the repurchased shares and to decrease the discount between the net asset value per share and the trading price, the increase of the quotation and liquidity of the company’s share, with effect on the increase of the profit per share. The repurchase program is valid till July 1, 2019.
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