Prosegur Cash, S.A. announces an Increase in Equity Buyback.
October 26, 2022
Share
On October 27, 2022 the company announced an increase in its equity buyback plan. The company increased its authorization by 15,229,466 shares and monetary value by €10 million. , thereby bring total authorization to 38,073,666 shares for €25 million.
The company also announced that it has extended its plan duration till December 20, 2023.
Prosegur Cash SA, formerly Prosegur Cit Holding SA, is a Spain-based company engaged in the provision of security services. The Companyâs activities are divided into three business areas: Logistics, Cash management and Outsourcing. The Logistics division focuses on the provision of local and international transport services of cash and other valuable goods. The Cash management division offers counting, processing, custody, preparation and delivery of notes and coins, as well as replenishment of automatic teller machines (ATMs). The Outsourcing division includes a number of support financial services, such as automation of retail operations through self-service cash automatization machines (MAEs), ATMs management, as well as branch forecasting, reconciliation, settlement and credit card support services. The Company operates through own branches and joint ventures in Europe, Central and South America, Africa, Asia and Australia. It operates through Contesta Teleservicios SAU.
PROSEGUR CASH, S.A. 
