GDANSK, Poland (Reuters) – CD Projekt shareholders at a general annual general meeting (AGM) on Tuesday authorised the company’s management board to buy back shares in the Polish game producer worth up to 500 million zlotys ($119 million). The buyback programme is twice the size of the previous programme authorised in 2016. “The proposed resolution […]
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CD Projekt shareholders okay doubling buyback programme
GDANSK, Poland (Reuters) – CD Projekt shareholders at a general annual general meeting (AGM) on Tuesday authorised the company’s management board to buy back shares in the Polish game producer worth up to 500 million zlotys ($119 million).
The buyback programme is twice the size of the previous programme authorised in 2016.
“The proposed resolution is intended to enable the Company to carry out such a purchase (or purchases) in a possibly flexible manner,” the resolution passed at the AGM said.
The AGM also approved a dividend of 1 zloty per share from the profit generated in 2022, the third consecutive dividend paid out by CD Projekt.
($1 = 4.1935 zlotys)
(Reporting by Adrianna Ebert; translating by Mateusz Rabiega; editing by Jason Neely)