Tranche Update on Miquel y Costas & Miquel, S.A.'s Equity Buyback Plan announced on October 23, 2014.
October 23, 2014 at 06:53 am EDT
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From October 23, 2014 to October 23, 2014, the company has repurchased 400,000 shares, representing 3.21% for €10 million. With this, the company has completed the repurchase of 400,000 shares, representing 3.21% for €10 million under the buyback announced on October 23, 2014.
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. 
