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Essanelle Hair Group AG | |
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zurück | |
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Essanelle Hair Group AG Essanelle Hair Group starts stock repurchase Düsseldorf, 1 September 2008 - On 1 September 2008, the Management Board of Essanelle Hair Group AG decided to repurchase further up to 100,000 outstanding shares via the stock exchange. At present, the company holds 60,000 own shares. The repurchase is based on the authorisation granted by the Annual General Meeting of 17 June 2008. The stock repurchase will start on 2nd September and is limited until 31 December 2008. As decided by the Annual General Meeting, the stock repurchase will be made primarily for potential acquisitions. The price paid by the company must not be more than 10% higher or lower than the average share price quoted at the Frankfurt am Main Stock Exchange on the past 20 consecutive trading days. The repurchase will be made in accordance with Directive (EC) No. 2273/2003 of the Commission dated 22 December 2003. Information on the ongoing repurchase programme will regularly be published on the website of ESSANELLE HAIR GROUP AG. Contact: |
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