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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime
Provider: Thomson Reuters StreetEvents

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Biomerieux SA Announces Share Repurchase Program

Wednesday, 29 May 2013 11:37am EDT 

BioMerieux SA announced that its Board of Directors has authorized the Company to repurchase percentage of maximum authorized capital redemption by the Assembly of 10% of the share capital of the Company, which represented on May 29, 2013, 3,945,374 shares. The percentage of maximum redemption of shares acquired by the Company for their conservation and their subsequent delivery in payment or exchange as part of a merger, demerger or contribution is 5% with a maximum unit purchase price not exceeding EUR 100 per share (excluding acquisition costs). Overall, maximum amount of the program with total amount of funds for the implementation of this program to purchase shares may not exceed EUR 394,537,400. 

Company Quote

0.57 +0.67%
6:37am EST