Puig chairman not ruling out share buyback to boost stock market value

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Link Securities | As explained on Monday by Marc Puig, president and CEO of fragrance company Puig Brands (PUIG), in an interview with Bloomberg, Puig does not rule out a share buyback to boost its stock market value.

‘Over time, we will consider whether it is appropriate to take measures to help investors who have invested in the shares to obtain the value they believe they deserve,’ said Marc Puig, regarding a possible share buyback. However, the executive specified that ‘there are no plans for any action in the short term.’

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