Brief: BBI Development starts share repurchase program

Bbi Development SA

08/12/2015 06:39

Dec 8 (Reuters) - BBI Development SA  BBD.WA : 
    * Said on Monday that it repurchased 50,000 of its own 
shares for average price of 0.8 zloty each  
    * The transaction took place as a part of the company's new 
share buyback program which was agreed on Dec. 2  
    * Under the share buyback, the company plans to buy up to 
5.8 million of its own shares for no more than 2.9 million 
zlotys 
    * The maximum price per share cannot be higher than 2.0 
zlotys 
    * The program will end on June 30, 2016 
 
 
   
     
 Source text for Eikon:  ID:nEM0713726  and  ID:nEM0213076  
     
 Further company coverage:  BBD.WA   
    
 
($1 = 3.9825 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))