Amica buyback tender a failure

WSE-listed white goods producer Amica failed to attract any bids from shareholders in its tender offer for the company’s shares, the company said in a market filing. Amica offered PLN 120 per share. Under the company’s buyback program, Amica planned to purchase up to 250,000 own shares for the maximum amount of PLN 30 million in the PLN 100-135 apiece price range. The stock planned for purchase equaled 2.38 percent of votes.