Quadpack Industries, S.A. announces an Equity Buyback for 167,219 shares, for €0.86 million.
October 06, 2016 at 10:30 am EDT
Quadpack Industries, S.A. (ENXTPA:MLQP) announces a share repurchase program. Under the program, the company will repurchase up to 167,219 of own shares for a total of €0.86 million from its shareholder Lenglart. The payment will be carried out over a number of terms. The object of the purchase is to have own shares in the company stock to offer a Stock Option Plan to employees, managers and members of the Board of QUADPACK GROUP.