Central Puerto S.A. approved a new share buyback program for up to $30 million. The company will conduct the acquisitions over a period of 180 calendar days. This initiative follows a period of strong financial performance for the firm.
Management confirmed the company possesses sufficient liquidity to fund the program without impacting its solvency. The move aims to enhance overall shareholder value.
The company prohibited directors, managers, and Supervisory Committee members from selling their own shares while the buyback remains active.