Completion of Share Buyback Programme
MKTUPDTE
Wed, Jan 29 2025 10:05 am
29 January 2025: ArborGen Holdings Limited (NZX: ARB) (ArborGen or the Company) announces the successful completion of its on-market share buyback programme.
On 26 August 2024, ArborGen announced it would commence an on-market share buyback programme from 2 September 2024 for an amount of up to USD$500,000. The programme has now completed with 5,908,529 shares acquired and cancelled by ArborGen.
The total number of shares on issue following the completion of the share buyback is 520,848,638 excluding treasury shares.
The share buyback programme has successfully returned capital to shareholders, and reduced the number of shares on offer, thereby increasing value for shareholders.
ENDS
Authority for this announcement:
Justin Birch, President and CEO, ArborGen Holdings Limited
For more information, please contact:
Jackie Ellis, Ellis and Co e: [email protected], t: +64 27 2462505
Announcement PDF
Markets News
Markets
Small Cap Wrap
From banking to boardrooms: director Shelley Ruha
Why this small-cap chair loves littlies, rural optimism, boomer farm sales, and more.
Markets
Market Close
GDP beats forecasts, but NZ sharemarket dips
Energy gentailers have agreed general terms for an energy reserve at Huntly.
Retail
KMD Brands dips 5% on ‘disappointing’ update
The downgrade was driven by a 6.4% drop in Kathmandu sales.
