25 Sep 2020

MOL Board decided to launch a maximum 5% MOL share purchase

MOL’s Board of Directors decided today that – based on the authorization given by its resolution No. 7/2020. (04.30) adopted on behalf of MOL Plc. 2020 Annual General Meeting – a maximum of 40,971,270 pieces (5%) of “A” series ordinary MOL shares may be purchased during the next 12 months.

MOL Plc. (“MOL”) hereby notifies the market of the following:  

MOL’s Board of Directors decided today that – based on the authorization given by its resolution No. 7/2020. (04.30) adopted on behalf of MOL Plc. 2020 Annual General Meeting – a maximum of 40,971,270 pieces (5%) of “A” series ordinary MOL shares may be purchased during the next 12 months within the framework of and in line with the conditions set out in AGM resolution No. 7/2020. (04.30). The Board of Directors appointed MOL Vagyonkezelő Kft. to execute the treasury share purchases.