Finance | 12 March, 2025 at 7:41 AM
Medlife starts share buyback program
Romanian private healthcare group Medlife has started on Tuesday a share buyback program that was approved by shareholders in late 2024.
Romanian private healthcare group Medlife has started on Tuesday a share buyback program that was approved by shareholders in late 2024.
The purchase price will be €0.3375 per share, inclusive of dividend, subject to possible adjustments.
The financial results reported at the end of September show total assets of €43.5 million, revenues of €10.6 million, and a net profit of €2.5 million.
The company also seeks the approval of the election of the members of EVERGENT Investments' Board of Directors for a 4-year mandate, as well as the directors' remuneration policy.
The group will offer a maximum of 174,258,721 new shares to investors. The operation starts on June 3, 2024.
Four significant shareholders of One United Properties successfully sold 234,205,285 shares in the Company to local and international institutional investors.
The value of the company increased by 23% in the two years of its presence on the capital market, and at the time of the transfer it had a capitalization of RON 234.7 million.
TechAngels, the local angel investor community, has submitted a position paper to authorities regarding the amendment of Emergency Ordinance no. 46/2022.
Romania's Energy Minister Bogdan Ivan announced that discussions with operators about removing gas price caps began in September to prepare multiple scenarios and prevent sudden price increases after March 31 2026.
Gabriel Gătejoiu, HR Operations & Business Development Director at Professional HR Agency, has been appointed as the new President of the Association of Human Resources Service Providers (AFSRU).
Millions of Romanians visited dental clinics across the country in December, with Life Group reporting a 20% increase in appointments compared to the same period in 2023.
The tender for the design and construction of the final motorway lot of the Târgu Neamț - Iași - Ungheni section has been launched.