April 30, 2020 / 4:15 PM / a month ago

BRIEF-GAM Holding Has No Current Plans To Buy Back Shares

April 30 (Reuters) - GAM Holding AG:

* GAM HOLDING AG - PUTS IN PLACE A PROGRAMME TO GIVE IT OPTION TO BUY BACK SHARES OVER A THREE YEAR PERIOD

* GAM HOLDING AG - IN LIGHT OF MARKET ENVIRONMENT GAM HAS NO CURRENT PLANS TO BUY BACK SHARES

* GAM HOLDING AG - PROGRAMME ALLOWS GAM HOLDING AG TO REPURCHASE UP TO 16 MILLION SHARES.

* GAM HOLDING AG - REPLACES FORMER 3-YEAR PROGRAMME WHICH EXPIRES ON 30 APRIL 2020, UNDER WHICH NO SHARES HAVE BEEN PURCHASED. Source text - bit.ly/2KONCAU Further company coverage: (Gdansk Newsroom)

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