GREECE: Coca-Cola Hellenic closes share buyback
Coca-Cola Hellenic purchased the shares at a price of EUR17.12 each
Coca-Cola Hellenic Bottling Co has repurchased 3.4m of its own shares in a share buyback plan.
The Greece-based soft drinks bottler now owns 0.94% of all shares outstanding, it said in a stock exchange filing on Monday (25 April). The term of its buyback programme expired on 26 April.
The company purchased the shares at a price of EUR17.12 (US$25.11) each between 30 April 2009 and 26 April 2011.
Under the programme, Coca-Cola Hellenic resolved to buy back up to 5% of its paid-in share capital, subject to a minimum purchase price of EUR1.00 per share and a maximum purchase price of EUR20.00 per share.
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