Cashbuild proposes odd-lot offer to cut admin costs
More than half of the shareholders in the retailer own fewer than 100 shares
06 February 2023 - 11:49
Building materials retailer Cashbuild wants to cut down on administrative costs by proposing an odd-lot offer to its shareholders.
This is when a company offers to buy back its own shares from shareholders owning fewer than 100 shares and is sometimes done to simplify the ownership structure...
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