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Provider: Reuters Investment Profile
Provider: Edison Investment Research

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Fashion B Air SA Proposes Share Repurchase Program; Proposes no FY 2012/2013 Dividend

Thursday, 22 Aug 2013 08:00pm EDT 

Fashion B Air SA announced that it will propose the terms of a share repurchase program to its Annual General Meeting, which will be held on September 27, 2013. If approved, the program will authorize the Company to repurchase a maximum of 10% of its share capital at a maximum price of EUR 4 per share. The proposal allows for a maximum of EUR 1 million to be spent on the program. The program will last for a period of eighteen months from the date of the Annual General Meeting. The Company also announced that it will not propose a dividend for fiscal year 2012/2013. The Company did not pay a dividend for fiscal year 2011/2012. 

Company Quote

18 Dec 2014