The company also seeks shareholders’ approval for a program aimed at repurchasing a maximum number of 7,059,620 shares (maximum 3% of the total shares making up the company’s share capital), with a nominal value of RON1.26 per share, at a minimum price equal to the market price on the Bucharest Stock Exchange at the moment of acquisition and a maximum price of RON15 per share.
Per calculations by Ziarul Financiar, the value of the program may reach RON106.9 million.
Chimcomplex ended 2020 with a net profit of nearly RON95 million, respectively an EBITDA of RON257 million, accounting for 22% of its turnover.
The company’s objectives for 2021 target an operating income of over RON1.6 billion, which will generate a result with EBITDA of over EUR67 million (over RON330 million).
CHOB shares have been trading up 203.3% since the beginning of 2021, amid deals worth RON4.2 million.
Chimcomplex is 87.8% owned by CRC Alchemy Holding and 9.2% held by the Romanian State, stock market data show.