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Glunz & Jensen A/S Starts Share Repurchase Program-COMPLETE STORY


Thursday, 4 Oct 2012 06:31am EDT 

Glunz & Jensen A/S announced that it has decided to begin a share repurchase program of 10% of the Company's shares (188,325 shares). The share buy-back is made in order to subsequently cancel the shares. To ensure the most accurate pricing possible, the repurchase price is determined on the basis of the weighted average market price during the last three months of 60.8 with a premium of 5%. On this basis, the purchase price is set to 63.84 per share. 

Company Quote

57.5
0.5 +0.88%
4:14am EDT