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BNP Paribas SA Proposes Share Repurchase Program

Wednesday, 15 May 2013 01:42pm EDT 

BNP Paribas SA announced that it proposed its General Assembly of May 15, 2013 to approve a share repurchase program regarding up to 10% of the Company's capital, what reflected on January 9, 2013 124,226,196 of the Company's shares. According to the maximal purchase price set at EUR 60, the total value of the shares to be repurchased amounts to EUR 7,453 571,760. The Company itself held on May 10, 2013 2,783,339 of the shares, representing 0.22% of its capital, thus a total amount of 121,442,857 shares, representing 9.78% of its capital and worth EUR 7,286,571,420 can be repurchased. The program is to last until November 14, 2014. 

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-0.15 -0.29%
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