Valora Holding AG

EANS-Adhoc: Valora Holding AG
Valora reduces its outstanding share capital by cancellation of the shares acquired during its buy-back programme.

@@start.t1@@--------------------------------------------------------------------------------   ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide   distribution. The issuer is solely responsible for the content of this   announcement. --------------------------------------------------------------------------------@@end@@

Valora reduces its outstanding share capital by cancellation of the shares acquired during its buy-back programme.

14.07.2009

Valora reduces its outstanding share capital by cancellation of the shares acquired during its buy-back programme.

Share cancellation reduces outstanding share capital

On April 29, 2009, the Ordinary General Meeting of Valora shareholders approved the Board´s proposal for Valora to reduce its outstanding share capital by cancelling the shares the firm had repurchased in the market. On July 9, 2009 the shares repurchased in the market through the share buy-back programme were cancelled. As a result, the nominal amount of Valora´s registered share capital is now CHF 2,800,000, comprising 2,800,000 shares with a nominal value of CHF 1 each.

Share repurchase programme successfully completed ahead of schedule

On April 29, 2008, the Ordinary General Meeting of Valora shareholders approved a share buy-back programme covering a maximum of 500,000 registered shares. The programme was executed between July 1, 2008 and February 27, 2009, via a second trading line on SIX Swiss Exchange. The total cost of the programme, which was successfully completed ahead of schedule, amounted to CHF 99.945 million. The average price paid for the shares repurchased was CHF 199.89.

Please address any questions you may have to:

@@start.t2@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Valora Holding AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Investor Relations: Phone:   +41 58 789 12 20
Mladen Tomic               E-mail:  mladen.tomic@valora.com


Media Relations               Phone:   +41 58 789 12 01
Stefania Misteli E-mail:  stefania.misteli@valora.com

Branche: Retail
ISIN:      CH0002088976
WKN:        208897
Börsen:  SIX Swiss Exchange / official market
              BX Berne eXchange / official dealing



Weitere Meldungen: Valora Holding AG

Das könnte Sie auch interessieren: