Manitou BF (FR:MTU) has released an update.
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Manitou BF has announced a share buyback program authorized at the June 13, 2024 General Meeting, with a maximum allocated amount of 100 million euros and a cap of 10% of its share capital. The program’s objectives include supporting employee share options, promoting liquidity, and facilitating external growth operations, with a maximum share purchase price set at 60 euros. The program will run for 18 months, concluding on December 12, 2025.
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