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Immofinanz Announces Massive Share Repurchase Program

Published: September 24, 2012; 18:31 · (Vindobona)

The executive board of IMMOFINANZ AG has resolved to carry out a repurchase programme of treasury shares based on the authorisation by the 18th ordinary sharehold-ers’ meeting of 28 September 2011.

Immofinanz Announces Massive Share Repurchase Program / Picture: © Immofinanz

“We previously announced the distribution of a € 0.20 dividend per share for the for the 2012/13 financial year. A large number of investors have welcomed this unusually attractive dividend return, but would also like to see – as an alternative or additional step – a share buyback, as long as the discount to the NAV is as high as it is right now. The Immofinanz Executive Board…

This article includes a total of 135 words.

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