New Sources Energy holds shareholder AGM, backs board share buyback mandate

Reuters2026/07/27 08:20

By:Reuters

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New Sources Energy held its annual shareholder meeting on June 26, 2026.
Shareholders adopted the 2025 annual report and financial statements.
The 2025 net loss of EUR 988,000 was allocated to the general reserve, resulting in negative equity of EUR 38,000 at year-end.
Discharge from liability was granted to the executive director for 2025 management, with separate discharge granted to the non-executive directors for 2025 supervision.
Shareholders authorized share buybacks of up to 10% for 18 months, approved up to 50,000,000 ordinary shares issuance, approved pre-emption right exclusions, approved preference share issuance authority until June 26, 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Sources Energy NV published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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New Sources Energy holds shareholder AGM, backs board share buyback mandate

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