TGS Share Buybacks
(Thomson Reuters ONE) -
ASKER, NORWAY (10 August 2010) TGS purchased 450,000 of its' own shares on 9
August 2010. Average price paid was NOK 92.18 per share.
The balance of treasury shares held after the transaction is 2,214,950 shares,
of which 950,450 shares are in the process of being cancelled as per the
approval of the TGS Ordinary General Meeting in June 2010.
The transaction is part of the share buyback program announced by TGS on 11
February 2010. The buyback program includes a repurchase of up to USD 30 million
of TGS shares during 2010.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange
(OSLO:TGS).
For additional information about this news release please contact:
Kristian Johansen
Chief Financial Officer
Office: +47 667 69931
Cell: +47 47 60 33 34
Email:kristian.johansen(at)tgsnopec.com
Karen El-Tawil
VP, Business Development
Office: +1 713 860 2102
Cell: +1 713 806 2420
Email:karen.el-tawil(at)tgsnopec.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1436761]
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Source: TGS via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 10.08.2010 - 07:51 Uhr
Sprache: Deutsch
News-ID 39264
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contact information:
Town:
Asker
Kategorie:
Business News
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