FilingReader Intelligence

Marlin Global extends share buyback program to enhance shareholder value

October 28, 2025 at 10:01 AM UTCBy FilingReader AI

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

NZX:MLNNew Zealand Exchange

News Alerts

Get instant email alerts when Marlin Global publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →