Clime Capital's On-Market Buy-Back Announcement

Clime Capital Limited (ASX: $CAM) has released a new announcement on 8/3/2024 regarding an on-market buy-back of its ordinary fully paid securities. The company intends to repurchase a maximum of 14,574,980 securities, with Sanlam Private Wealth Pty Limited acting as the broker for the buy-back.

Summary of Clime Capital's Buy-Back Announcement

Clime Capital Limited (ASX: $CAM) has announced a new on-market buy-back of its ordinary fully paid securities. The company plans to repurchase up to 14,574,980 securities through Sanlam Private Wealth Pty Limited, with the buy-back start date set for 11/3/2024 and the end date for 7/3/2025. The buy-back does not require security holder approval, and the consideration for the buy-back will be paid in AUD. Clime Capital aims to enhance shareholder value through this buy-back initiative and provide liquidity to its shareholders. The company's decision to proceed with the buy-back reflects its confidence in its financial position and long-term growth prospects.