Czarnecki to buy-back stake at LC Corp

Shareholders at LC Corp, which is controlled by Leszek Czarnecki, have submitted a resolution to purchase the company's own shares, Puls Biznesu daily reported. LC corp is going to spend PLN 268 million. The value of the shares which the firm currently has as its dispodal, as well as the value of the holding that it wants to buy back will not exceed 20 percent of the equity capital. The stake is to be acquired for PLN 3 a share.