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Elica SpA Approves Share Buy-Back Program


Wednesday, 24 Apr 2013 05:31am EDT 

Elica SpA announced that the Shareholders’ Meeting approved the authorization to purchase and utilize treasury shares. The authorization concerns the purchase of ordinary company shares up to a maximum of 20% of the share capital, therefore 12,664,560 ordinary shares and runs for a period of 18 months from the date of the Shareholders’ Meeting resolution, while the authorization to utilize such shares is without time limit. To date, the Company holds 3,166,140 ordinary treasury shares, comprising 5% of the share capital. 

Company Quote

1.596
-0.0040 -0.25%
6:30am EDT