Miquel y Costas & Miquel, S.A. commences an Equity Buyback Plan under the authorization approved on June 20, 2018.
April 01, 2019 at 10:30 am EDT
Share
Miquel y Costas & Miquel, S.A. (BME:MCM) commences share repurchases on April 1, 2019, under the program mandated by the shareholders in the Ordinary and Extraordinary General Shareholders meeting held on June 20, 2018. As per the mandate, the company is authorized to repurchase its own shares.
Miquel y Costas & Miquel SA is a Spain-based company primarily engaged, through its subsidiaries, in the production of fine and lightweight paper used in the tobacco industry. The Companyâs products are distributed both domestically and abroad, and also include printing, writing, rolling and specialty papers, as well as textile pulps. The Company is a parent of Grupo Miquel y Costas, a group which comprises such companies as SA Paya Miralles, Celulosa de Levante SA, Papeles Anoia SA, Desvi SA, Sociedad Espanola Zig Zag SA, MB Papeles Especiales SA, Miquel y Costas Tecnologias SA, Proyectos Energeticos MB SA and Terranova Papers SA. In addition, it operates the Besos and Pla de la Barquera production plants, which are located in the province of Barcelona, and the Mislata production plant, located in the province of Valencia.
MIQUEL Y COSTAS & MIQUEL, S.A. 
