Business News
Buyback program of own shares
Tuesday 28. September 2010 - Following the approval of the Swiss Takeover Board, Edipresses Board of Directors will launch a buyback program of own shares for a maximum of 64'130 bearer shares and 20'080 registered shares in order to reduce its share capital at a later stage.
To that end, separate trading lines will be open in accordance with the Main Standard of the SIX Swiss Exchange.
The Board of Directors will propose the cancelation of the repurchased shares at upcoming General Meetings of Shareholders of Edipresse.
The share buyback will start as of October 13, 2010 and could last for up to three years.