Start buy-back programme Nutreco shares on 10 February 2012
(Thomson Reuters ONE) -
Nutreco announces that its share buy-back programme for 700,000 shares
(approximately EUR 37 million) starts on 10 February 2012. The share buy-back
programme will be executed with the purpose to cover future stock dividends and
employee stock plans.
Above mentioned share buy-back programme will be executed in accordance with the
mandate given by the Annual General Meeting of Shareholders on 28 March 2011.
Within the limits set at that meeting, the maximum price to be paid for the
Nutreco shares will be 110% of the average closing price of the last five
preceding trading days on NYSE Euronext Amsterdam.
The share buy-back programme will ultimately terminate on 13 April 2012, unless
the maximum number of 700,000 shares has been repurchased prior to such date. In
that case the programme will end on the date on which this maximum is reached
and such early termination will immediately be disclosed.
Nutreco has mandated Rabobank International for the execution of the share buy-
back programme. Rabobank International makes its trading decisions with regard
to the number of shares and the timing of the purchases, independently of
Nutreco. This means that the share buy-back programme may be continued during
closed periods.
Nutreco will provide updates on the progress of the programme by means of weekly
press releases.
* * * * *
Nutreco
Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed
solutions are at the origin of food for millions of consumers worldwide.
Quality, innovation and sustainability are guiding principles, embedded in the
Nutreco culture from research and raw material procurement to products and
services for agriculture and aquaculture. Experience across 100 years brings
Nutreco a rich heritage of knowledge and experience for building its future.
Nutreco employs approximately 10,000 people in 30 countries, with sales in 80
countries. Nutreco is listed on the NYSE Euronext stock exchange in Amsterdam
and with annual revenue of EUR 4.7 billion in 2011.
www.nutreco.com
For more information:
Jan Slootweg, Director Investor Relations a.i., Nutreco
Telephone: +31 33 422 6132
Mobile: +31 6 2322 9680
E-mail: jan.slootweg(at)nutreco.com
Start buy-back programme Nutreco shares on 10 February 2012:
http://hugin.info/133565/R/1584457/495712.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nutreco via Thomson Reuters ONE
[HUG#1584457]
Unternehmensinformation / Kurzprofil:
Datum: 10.02.2012 - 07:00 Uhr
Sprache: Deutsch
News-ID 113233
Anzahl Zeichen: 3237
contact information:
Town:
Amersfoort
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 212 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Start buy-back programme Nutreco shares on 10 February 2012"
steht unter der journalistisch-redaktionellen Verantwortung von
Nutreco (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
