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Malin Corporation Sets Stage for Shareholder Payout
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Malin Corporation Sets Stage for Shareholder Payout

Malin (MLLNF) has released an update.

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Malin Corporation PLC successfully passed a resolution at their Extraordinary General Meeting to create additional distributable reserves through a share capital reduction, with plans to return approximately €45 million to shareholders via a tender offer. The share capital reduction is pending confirmation from the Irish High Court, and if approved, the tender offer is expected to take place in the fourth quarter of 2024.

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