IC Companys BoD decides to initiate share buyback program
16 Jan '08
1 min read
As previously informed the IC Companys A/S Board of Directors has resolved to initiate a share buyback program.
Under the program IC Companys A/S will buy own shares for an amount of up to DKK 70 million until 28 February, 2008, cf. stock exchange announcement no. 1 of January 3, 2008.
During any one single trading day a maximum of 6,612 shares (ISIN code DK0010221803) will be bought back, as the share buyback program is implemented in accordance with the provisions of the European Commission's regulation no. 2273/2003 of December 22, 2003.
At least once every seven trading days, IC Companys A/S will issue an announcement in respect of the transactions made under the program.
Accumulated, under the programme 46,200 13,627,944 Following the above buyback IC Companys A/S owns a total of 942,807 shares at a nominal value of DKK 10, equal to 5.1% of the total number of shares issued, i.e. 18,505,557.
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