Barramundi extends share buyback program for another year
Barramundi Limited announced on October 28, 2025, its decision to continue its share buyback program from November 1, 2025, until October 31, 2026. The program, compliant with Listing Rule 4.14.2 and section 65 of the Companies Act 1993, will allow the company to repurchase up to 5% of its ordinary shares on issue. This equates to a maximum of 17,100,000 shares.
The company's share buyback policy dictates that repurchases will only occur if shares are trading at a discount greater than 6% to the last published net asset value. This strategic move aims to enhance shareholder value.
The announcement was made by Andy Coupe, chair of Barramundi Limited, from its Auckland office.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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