Sparks commentary - PVA TePla

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Sparks - PVA TePla

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PVA TePla (FRA: TPE) initiates share buyback programme
Published by Edwin De Jong

On 22 November, PVA TePla announced a share buyback programme for up to 2.2 million shares, or 10% of the share capital, with a total purchase price of up to €30m. The acquired shares will be used for M&A or participations, to strengthen PVA TePla’s competitive position, and for staff and board renumeration purposes. The programme will run from 22 November 2024 until 31 December 2025.

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