ASX-listed Earlypay announce on-market share buy-back of up to 27 million shares

ASX-listed Earlypay have announced that the Board has approved a proposal to conduct an on-market share buy-back of up to 27,000,000 ordinary fully paid shares.

The buy-back will be managed within the ‘10/12 limit’ permitted by the Corporations Act, and therefore does not require shareholder approval.

Earlypay intends to commence the share buy-back on or after Thursday, 21 November 2024 for up to a 12 month period.

Earlypay intends to conduct the buy-back having regard to the prevailing share price, market conditions and unforeseen circumstances. However the company have also advised to shareholders that there can be no certainty that it will acquire any or all shares under the share buy-back.