INVL Technology's management company, UAB INVL Asset Management, has decided to repurchase the company's own ordinary bearer shares. The decision was made based on the company's general meeting of shareholders on April 30, 2026, which authorized the purchase of its own shares.
Overview
The share repurchase plan will utilize a previously established reserve of 9.8 million euros to buy back the company's shares at a price of 4.80 euros per share. The repurchase period will start on May 11, 2026, and end on May 15, 2026. The maximum number of shares to be repurchased is 110,000 units, which accounts for 0.9 percent of the company's authorized capital.
What it does
The share repurchase is intended to boost shareholder value. The repurchased shares will be annulled, resulting in a reduction of the company's authorized capital and an increase in the value of each remaining share. The company has a remaining reserve of 9.8 million euros for share repurchases, which was established prior to this decision.
Tradeoffs
The share repurchase plan may have an impact on the company's stock price. Prior to the announcement, the company's stock price was 4.7 euros per share. The repurchase price of 4.8 euros per share is slightly higher than the previous market price.
The company's shareholders approved the share repurchase plan at the general meeting of shareholders on April 30, 2026. The plan allows the company to repurchase up to 10 percent of its authorized capital over a period of 18 months.
In summary, INVL Technology's share repurchase plan aims to increase shareholder value by utilizing a previously established reserve to buy back the company's shares. The repurchase period will start on May 11, 2026, and end on May 15, 2026, with a maximum of 110,000 shares to be repurchased.
Practical takeaway: Shareholders of INVL Technology who wish to sell their shares during the repurchase period should contact the intermediary bank, Artea, or their financial advisors. The share repurchase price is set at 4.8 euros per share, which is slightly higher than the previous market price.