Brief: BKS Bank To Buy Back Shares

BKS Bank AG

09/02/2022 08:17

Feb 9 (Reuters) - BKS BANK AG  KAER.VI :
    * DECIDED TO MAKE USE OF THE AUTHORIZATION TO BUY BACK
SHARES
GRANTED AT THE ANNUAL GENERAL MEETING ON MAY 29, 2020
    * BUYBACK PROGRAM BEGINS 14 FEBRUARY 2022, EXPECTED TO LAST
UNTIL
25 FEBRUARY 2022
    * PLAN IS TO BUY BACK UP TO 100,000 ORDINARY SHARES IN BKS
BANK
AG, WHICH CORRESPONDS TO AROUND 0.23% OF THE TOTAL SHARE CAPITAL
    * PURPOSE OF THE REPURCHASE IS PRIMARILY TO USE THESE SHARES
TO
COVER THE BKS EMPLOYEE PROGRAMS AND BKS MANAGEMENT PROGRAMS
2022-2024

Source text for Eikon:  ID:nPexLm0gga 
Further company coverage:  KAER.VI 

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