Malin Corporation plc (ISE:MLC) announces a share repurchase program. Under the offer, the company will repurchase up to 9,638,554 shares, representing 44.25% of its share capital, for 140 million. The shares will be repurchased at a price of 9.30 per share.
The offer is subject to the approval of Extraordinary General Meeting of the company to be held March 20, 2023. The offer will expire on March 20, 2023.