Edition:
India

Zalando Implements First Tranche Of Announced Share Buy-Back


Monday, 10 Dec 2018 

Dec 10 (Reuters) - ZALANDO SE ::IMPLEMENTATION OF FIRST TRANCHE OF ANNOUNCED SHARE BUY-BACK UP TO EUR 90 MIO IN VALUE FOR STOCK OPTION PROGRAMS.WILL USE CURRENT VALUATION LEVELS AND IN A FIRST STEP BUY BACK UP TO 1.9 MILLION OWN SHARES WITH A TOTAL PURCHASE PRICE OF UP TO EUR 50 MILLION.BUY-BACK WILL START ON 10 DECEMBER 2018 WITH A MAXIMUM DURATION UNTIL 8 FEBRUARY 2019.