S Immo Decides to Launch Share Repurchase Programme

Businessn.a. ♦ Published: October 4, 2011; 09:11 ♦ (Vindobona)

The share repurchase programme of the Austrian real estate Group starts on 6 October 2011.

S Immo Decides to Launch Share Repurchase Programme / Picture: © S IMMO AG

The Management Board of S IMMO AG has resolved today to make use of the authorisation to repurchase treasury shares granted by the resolution of the 21st Annual General Meeting on 21 May 2010 and to repurchase up to 3% of the shares issued by the Company, i.e. up to 2,043,561 no-par value shares, by way of a share repurchase programme.

According to the above mentioned General…