MLN announces variation to the share buyback programme
CORPACT
Thu, Nov 17 2022 04:47 pm
17 November 2022
Marlin Global Limited announces variation to the share buyback programme
On 18 October 2022, and in accordance with Listing Rule 4.14.2, Marlin announced its intention to continue its share buyback programme of Marlin ordinary shares in compliance with section 65 of the Companies Act 1993.
The Share Buyback Policy, referred to in the 18 October 2022 NZX announcement has been amended, such that from 17 November 2022, Marlin will only buy back shares if the discount to the last published net asset value, after adjusting for any changes in the S&P Large Mid Cap/S&P Small Cap Index (hedged 50% to NZD) since the last published net asset value, is greater than 6%.
Andy Coupe
Chair
Marlin Global Limited
Announcement PDF
Markets News
Economy
Analysts struggle to find upside from Trump tariffs
‘They've forgotten the lessons of the Great Depression,’ one analyst said.
Markets
S&P/ASX200 takes a tumble on Trump's Liberation Day, Asia to follow suit
The fall may be short lived now there is more certainty.
Primary Sector
Primary sector exporters digesting US tariffs’ impact
The 10% tariff will take effect on April 5.
