[GENM] Share Buyback (Immediate) on 11-Mar-2021
Announcement Date
11-Mar-2021
Date
11-Mar-2021
Share
Ordinary shares
Number of Shares
2,000,000
Shares Retained in Treasury
2,000,000
Currency
Malaysian Ringgit (MYR)
Price (per shares)
3.150 - 3.160
Total Amount
6,309,544.94
Total Treasury Shares
286,808,962
Remark
Genting Malaysia Berhad ("Company") today acquired 2,000,000 shares for a total consideration of RM6,309,544.94 at an average price of RM3.1548 each, inclusive of transaction costs. The share buy-back was made pursuant to the approval obtained from the Company's shareholders at the Company's Annual General Meeting held on 22 June 2020.
The resulting cumulative net outstanding treasury shares of 286,808,962 represent approximately 4.83002% of the Company's issued and paid-up share capital of 5,938,044,648 ordinary shares as at 11 March 2021.
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