AmRest has bought 1,340 own shares representing less than 0.01% of the firm’s equity at an average price of PLN
79.5 per share. The shares are likely to be offered as part of the stock option plan for the management.
Given AmRest’s low trading volumes, the share buyback is likely to have a positive trading impact on the stock. AmRest is eligible to buyback a total of 1.75m shares representing 8.3% of total equity for the stock option program. However, the number of shares and buyback timeframe is unknown.