RHI Magnesita N.V. Completion of share buyback (6234H)
05 Agosto 2021 - 01:00AM
UK Regulatory
TIDMRHIM
RNS Number : 6234H
RHI Magnesita N.V.
05 August 2021
RHI Magnesita N.V.
("RHI Magnesita" the "Company" or the "Group")
Completion of share buyback programme
RHI Magnesita announces the completion of its share buyback
programme of up to EUR50 million, managed by Barclays Bank Ireland
PLC, which commenced on 5 May 2021 and ended on 4 August 2021.
Over the course of the buyback programme, 1,008,979 ordinary
shares ("shares") were repurchased for a total consideration of
EUR49,999,174 at an average price of 4254 pence per share. The
shares repurchased represent 2.1% of the Company's issued share
capital excluding treasury shares prior to the commencement of the
buyback programme. All of the shares purchased in the buyback
programme have been placed in treasury and the Company now holds a
total of 2,478,686 shares in treasury.
The Board will continue to evaluate the potential for additional
share buyback programmes to further enhance shareholder returns,
after taking into account market conditions and the Group's wider
capital allocation priorities.
For further enquiries, please contact:
Chris Bucknall, Head of Investor Relations
Tel +43 699 1870 6490
E--mail: chris.bucknall@rhimagnesita.com
About RHI Magnesita
RHI Magnesita is the leading global supplier of high-grade
refractory products, systems and solutions which are critical for
high-temperature processes exceeding 1,200degC in a wide range of
industries, including steel, cement, non-ferrous metals and glass.
With a vertically integrated value chain, from raw materials to
refractory products and full performance-based solutions, RHI
Magnesita serves customers around the world, with around 12,000
employees in 28 main production sites and more than 70 sales
offices. RHI Magnesita intends to build on its leadership in
revenue, scale, product portfolio and diversified geographic
presence to expand further in high growth markets.
The Group maintains a premium listing on the Official list of
the London Stock Exchange (symbol: RHIM) and is a constituent of
the FTSE 250 index, with a secondary listing on the Vienna Stock
Exchange (Wiener Börse). For more information please visit:
www.rhimagnesita.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
POSDZLFBFVLEBBL
(END) Dow Jones Newswires
August 05, 2021 02:00 ET (06:00 GMT)
Rhi Magnesita N.v (LSE:RHIM)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Rhi Magnesita N.v (LSE:RHIM)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024