The German brewer, Brau und Brunnen, has said it plans to buy back 10% of its capital by the end of December 2004.

The company, in which the German banking group, HVB, owns a majority stake, also revealed that it bought back 9.8% of its share capital in a previous share buyback programme.

HVB itself is planning to sell its 55.6% stake in the brewer.

Just Drinks Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Drinks Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving beverage industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now