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Orexo AB resolves on no FY 2013 dividend; authorizes share buy-back


Tuesday, 15 Apr 2014 01:00pm EDT 

Orexo AB:Says the annual general meeting resolved, in accordance with the board of directors’ proposal, that there shall be no dividend for FY 2013.Resolved to authorize the board of directors to repurchase, on one or several occasions until the next annual general meeting, as many own shares as may be purchased without the company’s holding at any time exceeding 10 pct of the total number of shares in the company.Says, further, it was resolved to authorize the board of directors to resolve, on one or several occasions until the next annual general meeting, to transfer (sell) own shares. 

Company Quote

138.25
-2.75 -1.95%
4:24am EST