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Purchase of own shares
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The summary of acquisitions as from July 1st, 2009 |
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Purchase of own shares - Portfolio
( )
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28/10/11 |
22/7/11 |
5/5/11 |
25/2/11 |
29/10/10 |
23/7/10 |
30/4/10 |
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| Own shares in portfolio |
6,099,444 |
6,099,444 |
6,099,444 |
6,099,444 |
6,099,444 |
6,099,444 |
6,099,444 |
| % of the issued capital |
3.8% |
3.8% |
3.8% |
3.8% |
3.8% |
3.8% |
3.8% | |
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The General Meeting of GBL on 14 April 2009 has authorised:
- the Board of Directors, during a period of 5 years from the date of the General Meeting approving this authorisation, to acquire on the Stock Exchange a maximum of 32,271,657 GBL’s shares at a unit price that may not be more than 10 % below the lowest price during the 12 months prior to the transaction and that may not be more than 10 % above the highest price of the last 20 quotations prior to the transaction; and
- to authorise the company’s subsidiaries, according to Article 627 of the Company Code, to acquire company’s shares under the same conditions.
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