October 27, 2016 / 1:25 PM / a month ago

BRIEF-Munich RE Resolves Share Buy-back

Feb 26 (Reuters) - Muenchener Rueckversicherungs Gesellschaft AG in Muenchen:

* DGAP-ADHOC: MUNICH RE RESOLVES SHARE BUY-BACK

* RESOLVED TO BUY BACK SHARES FOR A MAXIMUM TOTAL PURCHASE PRICE OF EUR 1BN (EXCLUDING INCIDENTAL EXPENSES) IN PERIOD BETWEEN 30 APRIL 2020 AND, AT LATEST, ANNUAL GENERAL MEETING ON 28 APRIL 2021

* THIS WOULD AMOUNT TO AROUND 2.7% OF SHARE CAPITAL AND WOULD CORRESPOND TO AROUND 3.9M SHARES. Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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