Prosegur Compañía de Seguridad, S.A. announces an Equity Buyback for 1,737,600 shares, representing 0.32% for 2.86 million.
June 21, 2022
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Prosegur Compañía de Seguridad, S.A. (BME:PSG) announces a share repurchase program. Under the program, the company will repurchase up to 1,737,600 shares, representing 0.32% of its share capital. The shares will be repurchased at a price of 1.64 per share.
These shares will be repurchased from an institutional investor.
Prosegur Compania de Seguridad SA is a Spain-based company engaged in the provision of security services. The Companyâs activities are divided into business segments: Integrated Security Solutions (ISS), Cash in Transit (CIT) and Alarms. The ISS division provides surveillance and protection of premises, property and persons, as well as activities related to technological security solutions. The CIT division offers transportation, storage, safekeeping, counting and classification of coins and banknotes, deeds, securities and other goods that require special protection. The Alarms division comprises installation and monitoring of home alarms. The Company operates through numerous subsidiaries in Europe, Latin America, Asia, Africa and Australia. It is controlled by Gubel SL.