GAM Holding AG: Execution of Capital Reduction
(Thomson Reuters ONE) -
GAM Holding AG /
GAM Holding AG: Execution of Capital Reduction
. Processed and transmitted by Nasdaq Corporate Solutions.
The issuer is solely responsible for the content of this announcement.
With entry into the commercial register of the Canton of Zurich on 12 July
2017, GAM Holding AG executed the capital reduction resolved by its shareholders
at the company's Annual General Meeting on 27 April 2017 and cancelled 612,200
shares repurchased under its share buy-back programme. The share capital of GAM
Holding AG now amounts to CHF 7,984,126.55 (159,682,531 registered shares at a
par value of CHF 0.05 per share).
The current share buy-back programme for the purpose of capital reduction,
launched on 28 April 2017, is scheduled to run over a maximum period of three
years and allows for the purchase of a maximum of 16 million shares. Details of
this current programme can be found at www.gam.com/sharebuybackprogramme.
For further information please contact:
Media Relations: Investor Relations:
Elena Logutenkova Patrick Zuppiger
T +41 (0) 58 426 63 41 T +41 (0) 58 426 31 36
Visit us at: www.gam.com
Follow us on: Twitter, LinkedIn and Xing
About GAM
GAM is one of the world's leading independent, pure-play asset managers. The
company provides active investment solutions and products for institutions,
financial intermediaries and private investors. The core investment business is
complemented by private labelling services, which include management company and
other support services to third-party asset managers. GAM employs about 1,000
people in 13 countries with investment centres in London, Cambridge, Zurich,
Hong Kong, New York, Milan and Lugano. The investment managers are supported by
an extensive global distribution network.
Headquartered in Zurich, GAM is listed on the SIX Swiss Exchange and is a
component of the Swiss Market Index Mid (SMIM) with the symbol 'GAM'. The Group
has assets under management of CHF 126.9 billion (USD 126.8 billion) as at 31
March 2017.
English Press Release:
http://hugin.info/142256/R/2120817/808021.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: GAM Holding AG via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 17.07.2017 - 17:35 Uhr
Sprache: Deutsch
News-ID 552643
Anzahl Zeichen: 2869
contact information:
Town:
Zürich
Kategorie:
Business News
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