Marlin Global extends share buyback program to enhance shareholder value
Marlin Global Limited has announced the continuation of its share buyback program for a twelve-month period from November 1, 2025, to October 31, 2026. This initiative aligns with Listing Rule 4.14.2 and section 65 of the Companies Act 1993, underscoring the company's commitment to compliance and shareholder returns.
Under the extended program, Marlin Global is authorized to repurchase up to 5% of its ordinary shares on issue, representing a maximum of 11,200,000 shares.
The company's Share Buyback Policy stipulates that buybacks will only occur if the discount to the last published net asset value exceeds 6%. This condition ensures repurchases are conducted at advantageous prices for existing shareholders, aligning with the objective of enhancing long-term value.
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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