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STOCKS NEWS EUROPE-Premiere seen higher; CEO buys shares

Thu Jun 4, 2009 2:42am EDT

Shares in German pay-TV broadcaster Premiere PREGn.DE are indicated 3 percent higher, according to pre-market data, after Chief Executive Mark Williams has over the past week bought back shares in the company worth 1.86 million euros ($2.64 million).

"This should be a positive signal for investors," a trader says. For more double click on [ID:nEQjaymqjy]

Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net

rm://andrea.lentz.reuters.com@reuters.net

($1=.7050 Euro)


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