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BSI Steel Ltd Announces Share Repurchase Programme


Tuesday, 19 Mar 2013 09:31am EDT 

BSI Steel Ltd announced that the Board has approved the repurchase of BSI shares in terms of general authority granted by BSI shareholders at the Company’s 2012 Annual General Meeting (AGM), held on September 14, 2012, which repurchase has already commenced. Shareholders are advised that the Company is entering into a closed period on April 1, 2013 which is anticipated to end on or about June 13, 2013, when the BSI Group’s annual results for the period ending March 31, 2013 are scheduled to be released. In terms of the share repurchase, the maximum aggregate consideration payable for the shares to be repurchased is ZAR5,000,000. 

Company Quote

38.0
0.0 +0.00%
16 Sep 2014