BRM announces continuation of share buyback programme
CORPACT
Mon, Oct 09 2023 04:00 pm
9 October 2023
Barramundi Limited announces continuation of share buyback programme
In accordance with Listing Rule 4.14.2, Barramundi announces its intention to continue its share buyback programme of Barramundi ordinary shares in compliance with section 65 of the Companies Act 1993.
The buyback programme is for the twelve-month period commencing 1 November 2023 through to 31 October 2024 and allows for the purchase of up to 5% of the ordinary shares on issue (which is equivalent to a maximum of 13,800,000 shares).
As per the current Share Buyback Policy, Barramundi will only buy back shares if the discount to the last published net asset value is greater than 6%.
Andy Coupe
Chair
Barramundi Limited
Announcement PDF
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