Poland's Asseco to propose PLN 600mn buyback.

By bne IntelliNews August 12, 2011
Poland's software developer Asseco will propose at the forthcoming shareholders meeting a PLN 600mn share buyback programme, the company's filing to the Warsaw stock exchange showed. The buyback will consist of up to 25.6 million shares, which corresponds to 33% of its stock. The shareholders meeting is scheduled for September 6. Asseco posted a Q1 attributable net profit of PLN 97.2mn, up by 1.8% y/y.

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