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Taptica Int Ltd Share Chat (TAP)

Share Price: 116.00Bid: 115.00Ask: 117.00Change: 1.00 (+0.87%)Riser - Taptica Int Ltd
Spread: 2.00Spread as %: 1.74%Open: 114.00High: 116.00Low: 116.00Yesterday’s Close: 115.00

Share Discussion for Taptica Int Ltd

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Posts: 292
Opinion:No Opinion
RE: share buyback
24 May '19
Aware of the terms Rusty but think you may be missing the point.

Have a good weekend
Posts: 13,419
Opinion:No Opinion
share buyback
24 May '19
n addition, the Company announces that it has approved a share buyback programme of ordinary shares of NIS0.01 in the capital of the Company ("Ordinary Shares") for an aggregate purchase price of up to US$15 million (the "Buyback Programme"). The Buyback Programme forms part of the Group's broader strategy to deliver shareholder value.

The Buyback Programme will be independently managed by finnCap Ltd, the Company's broker, which will make trading decisions independently and without the influence of the Company. The Buyback Programme is in accordance with the terms of the Company's authority to make market purchases of its own Ordinary Shares (the "Authority") and will be conducted within certain parameters.

The Buyback Programme will be effected in accordance with the Authority in that the maximum price paid per Ordinary Share is to be no more than 105 per cent. of the average middle market closing price of an Ordinary Share for the five business days preceding the date of purchase. The Buyback Programme will commence today and will continue until 30 September 2019.

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