XLMedia has announced a Tender Offer to buy back 9.5% of the current issued share capital at 80p per share. If passed at the forthcoming EGM and fully tendered, then the earnings accretion in 2020E will amount to a 12% increase in fully diluted EPS. The company has also confirmed that current trading is in line.
17 Jul 2019
Cenkos: XLMedia Plc - Tender Offer
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Cenkos: XLMedia Plc - Tender Offer
XLMedia Plc (XLM:LON) | 12.2 0 0.0% | Mkt Cap: 31.8m
- Published:
17 Jul 2019 -
Author:
Cavendish Research -
Pages:
5
XLMedia has announced a Tender Offer to buy back 9.5% of the current issued share capital at 80p per share. If passed at the forthcoming EGM and fully tendered, then the earnings accretion in 2020E will amount to a 12% increase in fully diluted EPS. The company has also confirmed that current trading is in line.