CEZ says begins planned buys back of own shares

02.05.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech power producer CEZ said on Wednesday it had bought 223,541 of its own shares through transactions on the Prague and Warsaw bourses....

...

CEZ said in a filing through the Prague Stock Exchange that the average price of the buyback was 1,002.64 crowns ($48.52), and that the transaction was dated April 30. The total amount of shares is around 0.04 percent of the firm.

CEZ shares traded at 1,028 crowns at 0741 GMT on Wednesday.

CEZ shareholders approved a buyback of up to 10 percent of the firm at a general meeting last week as a way to improve capital structure. CEZ can buy the shares in a wide range of 300-2,000 crowns for the next 18 months.

[PRAGUE/Reuters/Finance.cz]

Autor článku

 

Články ze sekce: Zpravodajství ČTK