INVL Technology's management company initiates purchase of own shares to meet obligations and reduce capital.
From GlobeNewswire: 2025-04-08 02:43:00
INVL Asset Management, UAB of INVL Technology initiates the purchase of its own shares, with a reserve of EUR 9.8 million. Share purchase starts on April 10th and ends on April 17th, with a maximum of 150,000 shares to be acquired at a maximum price of EUR 3.50 per share through Nasdaq Vilnius stock exchange. The purpose is to meet obligations related to stock option programs and reduce authorized capital. INVL Technology, managed by INVL Asset Management, owns cybersecurity, GovTech, and FinTech companies and must exit investments by mid-July 2026. Contact Managing Partner Kazimieras Tonkūnas for more information at [email protected].
Read more at GlobeNewswire: The decision of the management company of INVL Technology