|View printer-friendly version|
|11 Dec 2007|
|The Rezidor Hotel Group utilizes part of repurchase authorization|
The Annual General Meeting 2007 authorized the Board of Directors to decide to repurchase shares to the extent that the company’s holding of its own shares following the acquisition at the most reaches one-tenth of all shares in the company. Rezidor is announcing that the Board has decided to utilize part of the authorization and use up to 3 MEUR to buy back its own shares.
Acquisitions will be made on the Stockholm Stock Exchange (Stockholmsbörsen) at a price that falls within the registered share price range at the time.