ADAMA(SZ:200553) Zheng Quan Zhi Xing·2025-05-27 11:07Core Viewpoint - ADAMA Ltd. has approved a bond buyback plan to improve its debt structure and reduce financing costs, with a maximum consideration of up to USD 300 million [3][4]. Group 1: Meeting Details - The 12th Meeting of the 10th Session of the Board of Directors was held via circulation on May 27, 2025, with unanimous consent from all six participating directors [2]. - The meeting complied with all relevant laws, regulations, and the Articles of Association of the Company [3]. Group 2: Buyback Plan - The Board of Directors approved a buyback plan for certain bonds listed by ADAMA Agricultural Solutions Ltd., a wholly-owned subsidiary, with a maximum price per bond set at ILS 1.466 [3][4]. - The term for the bonds buyback is one year following the resolution's adoption, with funding sourced from internal resources and/or unutilized loans or credit facilities [4]. Group 3: Management Authorization - The Board authorized the management of Solutions to make decisions and enter into necessary documents related to the Buyback Plan [5]. - The proposal received unanimous approval with 6 affirmative votes, 0 negative votes, and 0 abstentions [5].