Eastnine AB (publ) decides not to renew ongoing buy-back program
After taking into consideration Eastnine’s latest acquisition of the office park S7 and continued focus on new property acquisitions, the Board of Directors of Eastnine has decided not to renew the buy-back program after the current mandate ends on 31 March 2019. The historic discount to NAV has declined from 38% to 3% since the launch of the program in 2016. Under the mandate given by the AGM on 24 April 2018 Eastnine may carry out buybacks through a bank or financial institution for as long as the Eastnine share trades at a discount to its most recently reported Net Asset Value (NAV) per
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