Israel's Internet Gold to buy back $18 mln of shares

Thu Nov 29, 2007 10:39am EST
 
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Nov 29 (Reuters) - Israel's Internet Gold Golden Lines Ltd (IGLD.O) (IGLD.TA) said its board approved the repurchase of up to 70 million shekels, or about $18 million, of its ordinary shares.

The buyback will be made on the Nasdaq Global Market and Tel Aviv Stock Exchange, the Internet service provider said in a statement. (Reporting by Ratul Ray Chaudhuri in Bangalore; Editing by Himani Sarkar)

 

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