May 4, 2017 / 5:10 AM / 7 months ago

BRIEF-GN Store starts a new share buyback program

May 4 (Reuters) - GN STORE NORD

* INITIATION OF NEW SHARE BUYBACK PROGRAM

* PURPOSE OF PROGRAM IS TO REDUCE COMPANY‘S SHARE CAPITAL.

* MAXIMUM AMOUNT ALLOCATED TO SHARE BUYBACK PROGRAM IS LIMITED TO A TOTAL VALUE OF DKK 1,000 MILLION

* AT A PRICE OF E.G. DKK 170 PER SHARE, MAXIMUM NUMBER OF SHARES THAT MAY BE REPURCHASED UNDER PROGRAM IS 5.9 MILLION, WHICH IS EQUIVALENT TO APPROXIMATELY 4.0% OF GN‘S SHARE CAPITAL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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