Catena Media to continue share buyback programme
Catena Media plc has resolved to undertake a new round of share buybacks as part of an ongoing programme authorised by an extraordinary general meeting of shareholders on 14 July 2021 (the “EGM”). The company’s board of directors sees share buybacks as a way to enhance flexibility in distributing capital to shareholders and to promote more efficient capital usage. Purchases of own shares will take place between 1 March and 18 April, the start date for the closed period prior to publication of Catena Media’s first-quarter results for 2022. Transactions will be exclusively on Nasdaq