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Fiat SpA Renews Authorization for Purchase


Tuesday, 9 Apr 2013 08:38am EDT 

Fiat SpA announced that it had renewed the authorization for the purchase and disposal of own shares, including through subsidiaries, and the previous authorization given on April 4, 2012 was revoked. The authorization provides for the purchase of a maximum number of shares not to exceed the legally established percentage of share capital or an aggregate value of EUR 1.2 billion, inclusive of the EUR 259 million in Fiat shares already held. As announced, the buy-back program is on hold and the Company has no obligation to buy back shares under the authorization. 

Company Quote

10.48
0.17 +1.65%
24 Jul 2014