Czech CEZ AGM approves buyback of 10 pct of shares

23.04.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, April 23 (Reuters) - Shareholders of Czech power producer CEZ approved on Monday a proposal buy back 10 percent of the firm's...

...shares to cut capital and meet option scheme requirements.

The management proposal to buy back 59.22 million shares in a range of 300 to 2,000 crowns per share within the next 18 months was widely expected to be approved as the state holds 67.6 percent in CEZ, central Europe's largest power firm.

Autor článku

 

Články ze sekce: Zpravodajství ČTK