Brief: Init Innovation in Traffic systems decides on share buy-back
Feb 16 (Reuters) - Init Innovation In Traffic Systems AG
IXXG.DE :
* Decides on share buy-back
* To repurchase up to 50,000 own shares
* Purchase price per share should not exceed 12.98 euros
($14)(without additional charges)
Source text for Eikon: ID:nEQSycHTa
Further company coverage: IXXG.DE
($1 = 0.8963 euros)
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