Puma launches 100 million euro share buyback programme
German sports apparel company Puma plans to return up to 50% of its net income to shareholders, it said on Thursday. The company will now return between 25-40% of the Group's net income in dividends, up from 25-35%, the statement said.
German sports apparel company plans to return up to 50% of its net income to shareholders, it said on ThursdayThe company now return between 25-40% of the Group's net income in , up from 25-35%, the statement said.
The first of a will begin in March 2024 and end on May 6 2025, the statement added, with Puma expecting to and then cancel 100 million euros' ($108.43 million) worth of shares. ($1 = 0.9223 euros)
Source: Stocks-Markets-Economic Times
