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Compagnie de Saint Gobain SA Announces Share Repurchase Program
Compagnie de Saint Gobain SA announced the details of a share repurchase program has been approved at the Annual General Meeting on June 7, 2012. As at May 31, 2012, the Company owned 0.92% of its capital, what represents 4,875,020 shares. According to the terms of the new program, the Company would buy back up to 10% of its capital that is 53,105,261 shares, at a maximum price of EUR 80 per share. The program will run for 18 months from June 7, 2012 until December 6, 2013.
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