{"id":24333,"date":"2024-08-20T18:18:45","date_gmt":"2024-08-20T15:18:45","guid":{"rendered":"https:\/\/investors.bittnet.ro\/?p=24333"},"modified":"2024-08-20T12:19:53","modified_gmt":"2024-08-20T09:19:53","slug":"clarification-of-the-destination-of-buyback-shares","status":"publish","type":"post","link":"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/","title":{"rendered":"Clarification of the destination of buyback shares"},"content":{"rendered":"<p>BITTNET SYSTEMS S.A. (referred to as the &#8220;Company&#8221; \/ &#8220;The Issuer&#8221; \/ &#8220;The Group&#8221;) informs investors about a clarification regarding the further destination of treasury shares, acquired by the Company as a result of the buyback program started on August 7th , 2024: Thus, the shares redeemed under this program will be canceled by the Issuer.<br \/>\nThe share buyback program is carried out in accordance with Decision no. 04 of April 25, 2024 of the EGMS and the Decision of the Board of Directors from August 6th , 2024. The issuer informs the investors about the status and number of redeemed shares, through current reports published weekly on the BSE news feeds.<\/p>\n<p><a href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2024\/08\/CR47-current-report-engl-2024-Clarificare-ref-la-destinatia-actiunilor-rascumparate.pdf\">CR47\/20.08.2024<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BITTNET SYSTEMS S.A. (referred to as the &#8220;Company&#8221; \/ &#8220;The Issuer&#8221; \/ &#8220;The Group&#8221;) informs investors about a clarification regarding the further destination of treasury shares, acquired by the Company as a result of the buyback program started on August 7th , 2024: Thus, the shares redeemed under this program will be canceled by the&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[389],"tags":[],"class_list":["post-24333","post","type-post","status-publish","format-standard","hentry","category-current-reports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Clarification of the destination of buyback shares - Bittnet Investors Relations Site<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clarification of the destination of buyback shares - Bittnet Investors Relations Site\" \/>\n<meta property=\"og:description\" content=\"BITTNET SYSTEMS S.A. (referred to as the &#8220;Company&#8221; \/ &#8220;The Issuer&#8221; \/ &#8220;The Group&#8221;) informs investors about a clarification regarding the further destination of treasury shares, acquired by the Company as a result of the buyback program started on August 7th , 2024: Thus, the shares redeemed under this program will be canceled by the...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/\" \/>\n<meta property=\"og:site_name\" content=\"Bittnet Investors Relations Site\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BittnetSystems\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-20T15:18:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-20T09:19:53+00:00\" \/>\n<meta name=\"author\" content=\"Lucian Bratu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@NA\" \/>\n<meta name=\"twitter:site\" content=\"@NA\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucian Bratu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/\"},\"author\":{\"name\":\"Lucian Bratu\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#\/schema\/person\/54d368673105e588c70afb8404cdf81b\"},\"headline\":\"Clarification of the destination of buyback shares\",\"datePublished\":\"2024-08-20T15:18:45+00:00\",\"dateModified\":\"2024-08-20T09:19:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/\"},\"wordCount\":112,\"publisher\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#organization\"},\"articleSection\":[\"Current reports\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/\",\"name\":\"Clarification of the destination of buyback shares - Bittnet Investors Relations Site\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\"},\"datePublished\":\"2024-08-20T15:18:45+00:00\",\"dateModified\":\"2024-08-20T09:19:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/clarification-of-the-destination-of-buyback-shares\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/investors.bittnet.ro\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Clarification of the destination of buyback shares\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/\",\"name\":\"Bittnet Investors Relations Site\",\"description\":\"Your Value. 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