VEON Ltd. Launches Share Buyback Program
Ticker: VEON · Form: 6-K · Filed: Dec 9, 2024 · CIK: 1468091
Sentiment: neutral
Topics: share-buyback, company-news
TL;DR
VEON launching buyback, could be good for stock.
AI Summary
VEON Ltd. announced on December 9, 2024, the launch of a new share buyback program. The company, formerly known as VimpelCom Ltd., is headquartered in Amsterdam, Netherlands. This announcement was made via a Form 6-K filing with the SEC.
Why It Matters
Share buybacks can signal management's confidence in the company's valuation and potentially increase earnings per share, which could be positive for investors.
Risk Assessment
Risk Level: low — This filing is a routine announcement of a share buyback program, which is a common corporate action.
Key Players & Entities
- VEON Ltd. (company) — Registrant
- VimpelCom Ltd. (company) — Former name of Registrant
- December 9, 2024 (date) — Date of announcement
- Amsterdam, the Netherlands (location) — Principal executive offices
FAQ
What is the purpose of this Form 6-K filing?
This Form 6-K filing is to report information that VEON Ltd. has made or is required to make public pursuant to the laws of its home country or its articles of incorporation, and has filed or made public. Specifically, it announces the launch of a share buyback program.
When was the press release regarding the share buyback issued?
The press release was issued on December 9, 2024.
What was VEON Ltd. formerly known as?
VEON Ltd. was formerly known as VimpelCom Ltd.
Where are VEON Ltd.'s principal executive offices located?
VEON Ltd.'s principal executive offices are located at Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands.
Does VEON Ltd. file annual reports under Form 20-F or Form 40-F?
VEON Ltd. indicates that it files annual reports under Form 20-F.
Filing Stats: 226 words · 1 min read · ~1 pages · Grade level 9.8 · Accepted 2024-12-09 11:26:47
Filing Documents
- form6-kbuybacklaunch.htm (6-K) — 19KB
- veonapproveslaunchofshar.htm (EX-99.1) — 4KB
- veonapproveslaunchofshar001.jpg (GRAPHIC) — 205KB
- veonapproveslaunchofshar002.jpg (GRAPHIC) — 91KB
- 0001468091-24-000105.txt ( ) — 433KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. VEON LTD. (Registrant) Date December 9, 2024 By s A. Omiyinka Doris Name A. Omiyinka Doris Title Group General Counsel