Allegro will purchase shares. The Board of Directors recommends purchases of up to PLN 1.6 billion

The Board of Directors of Allegro.eu adopted a resolution to recommend to the next Ordinary General Meeting of the company the return of surplus capital to shareholders through the purchase of own shares in the amount of PLN 1.6 billion, the company said in a press release.

“In accordance with the principle of annual return of capital surplus to shareholders after securing funds for organic growth and potential mergers and acquisitions (M&A), included in the Policy, the Council decided to recommend that the ordinary general meeting approves the buyback of own shares in the amount of PLN 1.6 billion,” the statement said.

In the opinion of the Council, after the successful implementation of the 2025 share purchase and taking into account the company's current financial results, Allegro.eu maintains a solid liquidity position and debt ratios in line with the objectives set out in the Policy.

Detailed parameters of the recommended share buyback, including the maximum number of shares subject to purchase, will be developed by the company and disclosed in the announcement of the ordinary general meeting together with the appropriate draft resolutions. (PAP Business)

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