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Playtech suspends shareholder distributions to strengthen financial position

19th March 2020 9:00 am GMT
Playtech Live

London-listed gaming operator and supplier Playtech has postponed its share buyback programme and cancelled its final dividend for 2019 as it shores up its financial position.

The company said Thursday that the buyback programme would be postponed until further notice in order to maximise liquidity, with approximately €10m of the €40m programme completed.

This will also see Playtech withdraw its €0.12 final dividend for 2019, which was due to be proposed at the company’s annual general meeting in May.

Together these measures [...]

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