March 29, 2018 / 12:49 PM / 4 months ago

BRIEF-Gazit Globe Board Approves New Share Repurchase Program

March 29 (Reuters) - Gazit Globe Ltd:

* GAZIT GLOBE LTD SAYS BOARD APPROVED NEW SHARE REPURCHASE PROGRAM - SEC FILING‍​

* GAZIT GLOBE LTD - CO MAY REPURCHASE UP TO NIS 250 MILLION OF SHARES ON MARKET OVER 1 YEAR PERIOD FROM APRIL 1, 2018 THROUGH MARCH 31, 2019‍​

* GAZIT GLOBE LTD - SHARE REPURCHASES WILL BE FINANCED FROM CO’S INTERNAL RESOURCES

* GAZIT GLOBE LTD - CO DOES NOT ANTICIPATE ANY MATERIAL TAX LIABILITY DUE TO GAINS THAT MAY RESULT FROM SHARE REPURCHASE PROGRAM Source text (bit.ly/2GDjaZT) Further company coverage:

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