Search
Tech

The decision of the management company of INVL Technology on the purchase of own shares

"INVL Technology's management company is poised to execute a EUR 9.8 million share buyback, leveraging a previously established reserve to repurchase up to EUR 0.29 nominal value shares. The move follows a shareholder meeting on April 30, where approval was granted for the buyback. The transaction will likely impact the company's capital structure and potentially influence its stock price."

Carla W (AI-assisted) 1 min read EN

Based on reporting from Source.

INVL Technology, a closed-ended investment company focused on information technology businesses, has initiated a share buyback program. The management company INVL Asset Management will purchase up to 110,000 of the company's own ordinary registered shares at a fixed price of EUR 4.80 per share, for a total maximum consideration of EUR 528,000.

Overview

The buyback follows a resolution passed at the General Shareholders Meeting on 30 April 2026, which authorized the company to acquire up to 10% of its share capital over an 18-month period. The company had previously established an unused reserve of EUR 9.8 million for purchasing own shares, and this transaction draws from that reserve.

Buyback terms

  • Start date: 11 May 2026
  • End date: 15 May 2026
  • Maximum shares to be acquired: 110,000 units (0.9% of share capital)
  • Purchase price: EUR 4.80 per share (fixed)
  • Total maximum purchase price: EUR 528,000
  • Intermediary: Artea bank

Share sale offers will be accumulated during the entire purchase period. If sale offers exceed the quantity of shares to be acquired, all offers will be reduced proportionally.

Impact on capital structure

The repurchased shares will be cancelled, which reduces the company's share capital and increases the value of each remaining share. For context, the company's share price on the exchange was EUR 4.70 before the buyback was announced.

Background

INVL Technology, managed by INVL Asset Management (the leading alternative asset manager in the Baltic States), is a closed-ended investment company. Its investments must be realized by mid-July 2028 at the latest, with funds distributed to shareholders. The company currently has an unused reserve of EUR 9.8 million for acquiring its own shares, meaning further buybacks remain possible within the 18-month authorization period.

Practical takeaway

Shareholders wishing to sell their shares during the buyback window (11–15 May) should contact the intermediary Artea bank or their financial advisors. The fixed price of EUR 4.80 per share represents a small premium over the pre-announcement market price of EUR 4.70.

Sources 1

  1. 01 Source https://www.globenewswire.com/news-release/2026/05/07/3289617/0/en/The-decision-of-the-management-company-of-INVL-Technology-on-the-purchase-of-own-shares.html
Similar Articles

More articles like this

Tech 1 min

Can chatbots broker peace? The promise and threats of AI diplomacy

A nascent era of AI diplomacy is unfolding, as the United Nations prepares to host the first Global Dialogue on AI governance in Geneva this July, marking a significant shift toward structured global coordination on AI. The forum will tackle the dual promise and threat of AI-facilitated dialogue, where chatbots may broker peace but also amplify existing biases and power imbalances.
Tech 1 min

SUNMI Technology (06810.HK) Officially Listed on the Main Board of HKEX

Hong Kong's Main Board welcomes its first Business IoT (BIoT) pioneer, as SUNMI Technology Group Co., Ltd. (06810.HK) debuts with a market capitalization of approximately $1.5 billion, marking a significant milestone for the global BIoT industry. The listing underscores growing investor interest in IoT solutions for enterprise applications. SUNMI's BIoT platform, built on a Linux-based operating system, is poised to expand its reach in the rapidly evolving IoT landscape.
Tech 1 min

eGain Evaluator biedt continue kwaliteitsborging voor AI-gegenereerde antwoorden

AI-generated responses get a quality gatekeeper: eGain's Evaluator tool enables businesses to systematically test, validate, and refine AI answers before customer-facing issues arise, leveraging a combination of natural language processing and machine learning to detect and mitigate errors in conversational AI outputs. This proactive approach aims to prevent costly customer support escalations. By integrating Evaluator into their workflows, companies can ensure more accurate and reliable AI-driven interactions.
Tech 1 min

Appian Congratulates 2026 Partner Award Winners for Delivering Impact with AI and Process Orchestration

Appian's annual Partner Awards spotlight innovative solutions leveraging the company's low-code platform, where AI-driven process orchestration has yielded significant business impact for clients, with winners showcasing tangible results from projects built on the Appian Platform, including a 30% reduction in customer onboarding time and a 25% boost in sales productivity.
Tech 1 min

FotoNation Completes a Pre-A Round to fund the development of its TriSilica chip lead by Enterprise Ireland and Silicon Gardens

A Galway-based startup secures €2.5 million in pre-series A funding to accelerate development of its TriSilica chip, a custom-designed image signal processor leveraging heterogeneous computing and AI-enhanced computer vision capabilities. The investment, led by Enterprise Ireland and Silicon Gardens, will fuel FotoNation's mission to integrate its TriSilica chip into high-volume consumer electronics. This strategic funding boost is poised to propel the company's vision for ubiquitous, AI-driven image processing.
Tech 1 min

ezPaycheck Software Empowers Businesses to Streamline Multi-Client Payroll Processing at a Flat Cost

"Small businesses can now process payroll for multiple clients at a flat rate, eliminating ongoing fees and streamlining management with ezPaycheck's in-house solution, which integrates with popular accounting software and supports up to 40 payrolls per month."