Impact to launch share buyback as of July 28
25 July 2008
Impact will launch a share buyback of up to 80 million shares, with the price ranging between RON 0.1 and RON 0.5, the real estate developer said.
The buyback period will start on July 28 and last 18 months and will be financed from company's reserves. The shares will be acquired through KBC Securities and will be distributed to Impact's employees as agreed in the employee retention program.
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