Castellum Approves Buyback Authority and Cancels 46.5 Million Shares
Castellum authorized its board to acquire and transfer own shares, subject to a 10% cap, and approved cancellation of 46,541,184 repurchased shares. A bonus issue will restore share capital.
Castellum authorized its board to acquire and transfer the company’s own shares, subject to a 10% cap. It also approved the cancellation of 46541184 repurchased shares, with a bonus issue to restore share capital. The authorization extends and broadens the board’s previous buyback powers while retiring a sizable block of shares.