Šiaulių bankas has acquired own shares
18 Ottobre 2024 - 3:40PM
UK Regulatory
Šiaulių bankas has acquired own shares
On 10-18 October 2024 Šiaulių Bankas AB
purchased own shares on the Tender Offer Market of Nasdaq Vilnius
AB. Total number of shares acquired 6,000,000:
- 4,254,886 shares, for reduction of the Bank capital;
- 1,745,114 shares, for employees of Šiaulių Bankas group as part
of the deferred variable remuneration.
Total amount of share acquisition transactions:
EUR 4,920,000.00.
"We have created liquidity event for investors
who wish to realize all or part of their shares. It is important to
note that the final auction price was set higher than the market
price, which means there are no shareholders wanting to sell a
significant amount of shares who lack liquidity in the stock
market.
We will continue to strive to ensure high
returns for our shareholders who believe in our long-term strategy.
We plan to begin the second phase of the share buyback, during
which we will purchase shares on the open market, in November,
after announcing the third-quarter results of this year," says
Tomas Varenbergas, Head of Investment Management Division of
Šiaulių Bankas.
The acquired shares will transfer to the Bank's
ownership on the settlement date of the purchase auction, 21
October 2024.
Additional information:
Tomas Varenbergas
Head of Investment Management Division
tomas.varenbergas@sb.lt
Grafico Azioni Siauliu Bankas Ab (LSE:0KC0)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Siauliu Bankas Ab (LSE:0KC0)
Storico
Da Feb 2024 a Feb 2025