Extension of Share Buyback Programme

Summary by AI BETAClose X

Boku Inc. has announced an extension of its share buyback programme, increasing its authority to repurchase common stock from 5% to 10% of its issued shares, with the aim of holding such stock in treasury. This authority will expire upon the publication of its full-year results for the year ended 31 December 2026, expected in March 2027. The company currently holds 12,217,022 shares in treasury, representing approximately 3.71% of its total issued common stock. The buyback extension allows for the repurchase of up to an additional 8,000,000 common shares, in addition to any remaining capacity from the second tranche of the programme. The buyback will be conducted by Investec Bank plc, with a maximum price per share set at 105% of the trailing five-day average mid-market price.

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