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APE Eagers Automotive News Story

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Australia's Eagers Automotive jumps as it continues buyback

BUZZ-Australia's Eagers Automotive jumps as it continues buyback

** Shares of Eagers Automotive APE.AX rise as much as 3.2% to A$21.48, their highest level since May 28

** Car retailer says it intends to continue its on-market share buy-back

** Buy-back of up to 10% of issued share capital

** YTD, APE down 13%


(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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