Nuplex keeps buyback programme suspended until August earnings announcement

Tue, 30 Jun 2015

By Paul McBeth July 1 (BusinessDesk) - Nuplex Industries, the specialty chemicals maker, won't resume a share buyback programme until after its reports annual earnings in mid-August. The Auckland-domiciled company suspended the programme last month, adopting a new policy where it won't buy shares on market while directors have board papers in the lead-up to their regular meetings. Nuplex today said it will keep the suspension in place until after the release of its 2015 full year result, which is expected on Aug. 14. Earlier this year...

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