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Why is TOMRA buying back shares?

April 26, 2017buying Shares tomra

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Why is TOMRA buying back shares?

1 Answer

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Buying back shares is a way of regulating the company’s capital structure. A share buyback should be seen as an alternative to extraordinary dividend payouts if the treasury shares are deleted. A detailed description of the mandate, objective and timeline for TOMRA’s current share buyback program can be found by clicking on Dividends & buy-back program in the Investor Relations section.