Carimin Petroleum seeks renewal of share buyback authority for up to 10% of issued shares

Bitget2026/10/30 12:06

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Carimin Petroleum seeks shareholder approval on December 14, 2026, to renew authority to buy back up to 10% of issued shares.
The mandate would cover up to 23,387,800 shares, based on issued shares as of September 30, 2026.
Buybacks would use internally generated funds, capped at retained profits, which totaled RM 12.51 million as of June 30, 2026.
Purchased shares may be canceled or retained as treasury shares.
The board recommends voting in favor of the proposal.

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. Carimin Petroleum Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3721124) on October 30, 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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Carimin Petroleum seeks renewal of share buyback authority for up to 10% of issued shares

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