Business
Share buyback programme of up to ?50 million
Share buyback programme of up to ?50 million.
About this update from Rhi Magnesita Nv
[{"type":"text","content":"\n \n \n \n RNS Number : 7993A\n RHI Magnesita N.V.\n 03 June 2021\n \n \n \n \n \n \n \n RHI Magnesita N.V.\n \n \n \n \n \n (\"RHI Magnesita\" the \"Company\" or the \"Group\")\n \n \n \n \n \n Share buyback programme of up to €50 million\n \n \n \n \n \n RHI Magnesita N.V. (the \"Company\") announces that on 3 June 2021 it purchased the following number of its ordinary shares, represented by depositary interests, of one euro each pursuant to its €50 million share repurchase programme, details of which were announced on 5 May 2021 (the \"Programme\").\n \n \n \n \n \n Description of shares: RHI Magnesita N.V. - ordinary shares represented by depositary interests of one euro nominal value each\n \n \n Number of shares repurchased: 15,600\n \n \n Date of transaction: 3 June 2021\n \n \n Time of transaction: 08.01 - 16.29\n \n \n Volume weighted average price paid per share: 4572.11 pence\n \n \n Lowest price paid per share: 4508.00 pence\n \n \n Highest price paid per share: 4620.00 pence\n \n \n Venue: XLON \n \n \n Broker: Barclays Bank Ireland PLC\n \n \n Total number of shares repurchased pursuant to the Programme to date: 277,445\n \n \n \n \n \n The Company intends to hold the purchased shares in treasury. Following the purchase of these shares, the remaining number of ordinary shares in issue will be 47,730,553 (excluding treasury shares), and the Company will hold 1,747,152 ordinary shares in Treasury.\n \n \n \n \n \n The figure of 47,730,553 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.\n \n \n \n \n \n In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) and Article 10(5)(a)(i) of the Market Abuse (Amendment) (EU Exit) Regulations 2019, detailed information about the individual purchases is available through the link below:\n \n \n \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/7993A_1-2021-6-3.pdf\n \n \n \n \n \n \n \n \n \n \n \n \n For further enquiries, please contact:\n \n \n Chris Bucknall, Head of Investor Relations\n \n \n Tel \n +43 699 ...