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BRIEF-GAM launches new share buy-back programme
2017年4月27日 / 下午3点54分 / 7 个月前

BRIEF-GAM launches new share buy-back programme

April 27 (Reuters) - Gam Holding Ag

* Says launches new share buy-back programme

* Says to launch new three-year share buy-back programme to repurchase up to 16 million shares

* Says buyback corresponds to a maximum of 10% of GAM shares in issue excluding the 0.6 million shares bought back under the previous buy-back programme

* Says the previous share buy-back programme that started on 28 April 2014 expired on 27 April 2017. Under this programme the company repurchased a total of 5,752,200 shares at the average price of CHF 17.00, utilising CHF 97.8 million. Source text for Eikon: Further company coverage: (Reporting By Zurich newsroom)

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