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BGS approves share buyback authority

Baillie Gifford Shin Nippon shareholders approve share buyback and issuance authorities.

Lucas Garcia
ByLucas Garcia- Senior Editor
|
0
BGS approves share buyback authority
Photo: Prepared by Bond.az

Baillie Gifford Shin Nippon PLC (BGS) shareholders approved all resolutions at the annual general meeting.

Shareholders authorized the company to repurchase up to 14.99% of its issued share capital, representing 30,834,564 ordinary shares.

The buyback authority will expire at the next annual general meeting unless renewed.

Directors' authority to issue shares was also renewed, including for cash on a non-preemptive basis.

All 14 resolutions were passed on a poll, with the buyback resolution receiving 97.26% support.

Source: Bond.az

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BGS approves share buyback authority | Bond.az