Within the limits of the authorization to purchase own shares as granted by the extraordinary shareholders’ meeting held on 9 November 2020, Montea has launched a share buyback program. The program started on 6 January 2022 and is expected to run 6 to 8 weeks.
The purpose of the share buyback program is to enable the execution of share purchase and share option plans to the benefit of the management and employees of Montea.
Montea has mandated an independent broker to execute the program on its behalf and to purchase a maximum of seventy thousand (70.000) shares of Montea NV.
Montea will inform the market on the progress of the share buyback program in accordance with the applicable regulations.
The total number of treasury shares held by Montea amounts to 64,662 (0,40% out of a total of 16,215,456 shares) on 26 January 2022.
The press releases on this share buyback program can be found below.
13-01-2022 Press release - Update