Edition:
India

Alimentation Couche-Tard intends to repurchase 4.4 mln of shares held by Metro


Thursday, 12 Oct 2017 

Oct 11 (Reuters) - Alimentation Couche Tard Inc ::Alimentation Couche-Tard announces its intention to repurchase 4.4 million of its shares held by Metro.Says ‍value of transaction is estimated at C$250 million​.Says‍ repurchase to be paid using available cash,revolving credit facilities, proceeds from future sale of non-strategic assets​.Says‍ transaction was approved by members of Couche-Tard's board of directors​.