Komputronik announces buyback offer. Plans delisting
21:00
WSE-listed IT retailer Komputronik announced, through its majority shareholder Marinera Invest that it wants to buy back outstanding 46 percent of the company's shares. The offer stands at PLN 6.5 apiece and will go through if at least 36 percent of the stock is tendered.
If it goes through, the company will leave the Warsaw Stock Exchange. “The sideways trend of the company's stock, which is going on for a few years now, does not bring sufficient returns for our minority shareholders. Moreover, difficult situation in our sector means, that the company should focus on accumulating the capital instead of paying out the dividend,” Komputronik's CEO Wojciech Buczkowski said.
