Brief: Init Innovation In Traffic Systems decides share buy-back
Jan 20 (Reuters) - Init Innovation In Traffic Systems AG
IXXG.DE :
* Init decides share buy-back
* To repurchase up to 50,000 own shares
* Purchase price per share should not exceed 14.50 euros
($16)(without additional charges)
Source text for Eikon: ID:nEQ1pnvfna
Further company coverage: IXXG.DE
($1 = 0.9173 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 39 20;))