Microequities Asset Management Group Limited announces an Equity Buyback for 13,189,901 shares, representing 10% of its issued share capital.
September 23, 2021 at 09:05 pm
Microequities Asset Management Group Limited (ASX:MAM) announces a share repurchase program. Under the program, the company will repurchase up to 13,189,901 ordinary shares, representing 10% issued share capital. The purpose of share repurchases is for flexible capital management and enhance shareholder value. The program is valid till October 10, 2022. As of September 24, 2021, the company has 131,899,017 ordinary shares in issue.