Business

MLC: Cash surges to €62.9m post-CG Oncology sale; €45m capital return planned for shareholders

MLC: Cash surges to €62.9m post-CG Oncology sale; €45m capital return planned for shareholders

Malin Corporation PlcAugust 27, 20245
MLC: Cash surges to €62.9m post-CG Oncology sale; €45m capital return planned for shareholders

About this update from Malin Corporation Plc

Intrinsic equity value per share declined to €6.33 by August 2024, with cash rising to €62.9m after the CG Oncology divestment. Malin plans a €45m capital return and remains focused on value creation in its investee companies.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Malin Corporation Plc