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Koninklijke Wessanen N.V.
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Publicatie datum
25 sep 2007 - 14:21
Statutaire naam
Koninklijke Wessanen N.V.
Titel
Royal Wessanen completes share buyback program of EUR 50 million
Bericht
Further to the announcements on February 27, 2007, and April 27, 2007, Royal Wessanen nv announces that its share buyback program for the year 2007 is completed. The purpose of the program was to return part of the proceeds of the Private Label divestment to shareholders through a reduction of Wessanen’s outstanding capital by EUR 50 million.
During the period from May 2 through September 24, 2007, Wessanen acquired 4,229,396 of its shares pursuant to the share buy back program, at an average price of EUR 11.82 per share.
The program was executed by ING Wholesale Banking which made its trading decisions in relation to Wessanen’s shares independently of Wessanen and without influence by Wessanen with regard to the timing of the purchases. This means that the program was also continued during closed periods.
A complete (accumulated) overview of Wessanen’s buyback program is published on Wessanen’s corporate website (www.wessanen.com/share_buyback).
Executive Board
Royal Wessanen nv
Datum laatste update: 06 oktober 2024