ThyssenKrupp to buy back shares
German ThyssenKrupp announced that is intending to buy back up to 25,724,452 shares of the company, which represent 5 percent of the capital stock. The authorization on the purchase was granted by the Annual General Meeting on January 27, 2006 and was put in resolution by the Executive Board of ThyssenKrupp on July 3, 2006. The shares are to be bought on the stock exchange at the market price.
Tags: Steel Futures
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