European Electrotechnics redeemed treasury shares

Vladimir Petenyov
News editor
press@blackterminal.com
European Electrotechnics redeemed 58.187 mln common shares, which is 9.5% of the authorized capital. Securities were acquired in the course of the buyback. After their redemption, the share of the free float will increase to almost 10% and the dividend per share will also increase.
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