Inari Amertron Seeks Renewal of Share Buyback Authority for Up to 10% of Shares

Bitget2026/10/23 04:33

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Inari Amertron seeks renewal of authority to buy back up to 10% of issued shares at its November 30, 2026, annual meeting.
The buyback covers up to 386,526,989 shares based on current issued shares; funding cannot exceed retained profits, totaling RM 70.1 million.
Shareholders will also vote on renewing a mandate for RM 50 million in recurrent related-party transactions with MIT Semiconductor's group.
The board recommends voting for both proposals, with interested directors excluded from the related-party mandate recommendation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Inari Amertron Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3717863) on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Inari Amertron Seeks Renewal of Share Buyback Authority for Up to 10% of Shares

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