Magnum Ice Cream to buy up to 6.6M shares via forwards
Magnum Ice Cream will enter forward transactions to acquire up to 6.6M shares (about €110M at current price) to cover long-term incentive plan obligations, with shares intended for its employee benefit trust.
V. 6M shares, or about €110M at the current price, to meet obligations under its long-term incentive plans. The shares are intended for the company’s employee benefit trust.