What is the total amount of capital being allocated for the buyback and over what time horizon?
Answer
Based on the excerpt you provided, the only information available is the headline (“NBPE – Transaction in Own Shares”), the classification (Buybacks), the source (GlobeNewswire), and a legal disclaimer stating that the content may not be distributed in certain jurisdictions. The excerpt does not contain any specifics about:
- The total amount of capital that NBPE intends to allocate for the share‑buyback program, or
- The time horizon (e.g., over 12 months, until a certain date, or within a defined number of trading days) for executing the buyback.
Therefore, with the current information, I cannot determine the size of the buyback allocation or its schedule.
What to Do Next
If you have access to the full press release or any additional sections of the announcement (e.g., the body of the GlobeNewswire release, an attached PDF, or a follow‑up news article), please provide those details. Typically, a buyback announcement will include statements such as:
- “The company has authorized a $X million share‑repurchase program.”
- “The program will be executed over the next 12 months (or until [date]).”
With those figures, I can give you a precise answer regarding the capital commitment and the intended execution window. If you cannot locate the full release, you might try:
- Searching the ticker “NBPE” on the company’s investor‑relations website – most companies post press releases in a “News & Events” or “Press Releases” section.
- Checking financial news databases (e.g., Bloomberg, Reuters, MarketWatch) – they often capture the key terms of buyback announcements.
- Contacting the company’s IR department – they can provide the official statement and any accompanying details.
Once you have the missing data, feel free to share it here and I’ll gladly summarize the total capital allocation and the time horizon for the buyback.