Maib Update on Share Buyback Program Announced in June and Completed in October 2024
In 2024, maib returned almost MDL 1 billion to shareholders through dividends and share buybacks, reflecting the bank’s robust capital generation.
HEIM Partners, maib’s leading shareholder, reduced its stake in the bank by 2.4%, from 41.1% to 38.7%. As a long-term shareholder, HEIM chose to participate in the buyback alongside several local shareholders.
The buyback program included an offer to purchase 2.99% of the bank’s shares and was open to all shareholders. It was approved by the AGM and confirmed by the National Bank of Moldova (NBM). The buyback price was set at book value per share, in accordance with the relevant legislation.
Despite this minor reduction in its stake, HEIM remains maib’s largest shareholder.
In various discussions regarding maib’s IPO, HEIM has reiterated its commitment to the bank and emphasized that, in the event of an IPO, it will support overall liquidity while remaining the largest post-IPO shareholder, fully committed to maib’s long-term success and prosperity.
