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Club Mediterranee SA Announces Details of Share Repurchase Program


Tuesday, 19 Mar 2013 09:26am EDT 

Club Mediterranee SA announced details of its share repurchase program, which was approved by its General Shareholders' Meeting of March 7, 2013. As of March 7, 2013 the Company held 194,428 of its own shares, that is 0.61% of the share capital. Under the terms of the program, the Company may repurchase a maximum of 10% of its shares and a maximum of 5% of shares to be kept for use in payment or exchange as part of a merger, split or contibution transaction. The maximum price per share has been set at EUR 40. The program has been authorized for a period of 18 months, that is until September 6, 2014 

Company Quote

21.5
0.0 +0.00%
2 Sep 2014