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News: CVC CVC Ltd Says Sees Net Loss After Tax For FY Of About $3-$4 Mln

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    July 22 (Reuters) - CVC Ltd (CVC) :

    • SEES NET LOSS AFTER TAX FOR FY IN RANGE OF ABOUT $3 - $4 MILLION
    • BOARD DOES NOT CONSIDER PAYMENT OF DIVIDEND APPROPRIATE FOR FY20
    • HAS CAPACITY TO BUYBACK A FURTHER 19.8 MILLION SHARES UNDER EXISTING PROGRAM
    • BOARD IS OF OPINION IT HAS CAPACITY TO BUY BACK SHARES IN EXCESS OF CURRENT SHARE PRICE WITHOUT BEING DILUTIONARY TO SHAREHOLDERS

    Source text https://bit.ly/39kdTTa

    (([email protected];))

 
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