East Capital Explorer publ AB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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East Capital Explorer AB to Repurchase Own Shares
East Capital Explorer AB announced that its Board has decided to utilize the authorization for the purchase of the Company's own shares. The shares will be purchased, on one or several occasions, on NASDAQ OMX Stockholm at a price within the registered share price interval on each occasion. Shares can be purchased up to and including October 10, 2012, observing blackout periods before reports and all other applicable rules. East Capital Explorer currently does not own any own shares. The authorization from the 2012 Annual General Meeting permits acquiring up to a maximum of one-tenth of all the shares in the Company upon completion of the repurchase program. Execution of the resolution to repurchase shares is dependent upon market terms, applicable rules and regulations and the Company's capital position at any point in time. The total number of shares outstanding in East Capital Explorer is 33,709,706.
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