DRNO - Daily Research News
News Article no. 22432
Published March 31 2016

 

 

 

BrainJuicer Board Agrees One Million Share Buy-Back

UK-based BrainJuicer is planning to commence a share buy-back, using existing cash resources to purchase up to one million of its ordinary shares.

John KearonThe Board says it decided to commit to the scheme following modest growth in calendar year 2015, the recent 'weakness' in its share price, and its stated aim to return excess capital to shareholders. CEO John Kearon (pictured) intends to participate in the buy-back scheme, which will be conducted conditional upon his interest in the ordinary shares of the company, and those deemed to be acting with him, not increasing beyond the percentage of voting rights currently held.

Shareholders wishing to participate should contact BrainJuicer's broker Canaccord Genuity Limited.

Web site: www.brainjuicer.com .

 

 
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