Provider: Wright Reports
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Klaipedos Baldai AB Announces Share Repurchase
Klaipedos Baldai AB announced that, carrying out the decision of the Company’s General Shareholders Meeting held on April 25, 2012 to purchase up to 10% of the Company's shares, its Board has decided to purchase up to 674,973 units of ordinary registered shares, of a nominal value of LTL 1 per share, of Klaipedos Baldai AB. The purchase price is EUR 1.5 (LTL 5.1792) for one ordinary registered share of Klaipedos Baldai AB. The duration of the purchase of own shares in the third stage is 28 days. The shares should be bought from March 6, 2013 to April 2, 2013 on the stock exchange NASDAQ OMX Vilnius through an official offer.
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