Immofinanz has announced the early completion of its share repurchase program.
Due to run until 12 April and carried out via the stock exchange between 15 November last year and 18 March, the program involved the buyback of a total of 47,350,248 shares by the Austria-based central and eastern European developer for just over €145.7m.
Immofinanz now holds 104,421,677 treasury shares representing 9.99 % of the share capital of Immofinanz AG.
Earlier this month, the company launched a €550m convertible bond sale. The bonds mature in March 2018.
Immofinanz has announced the early completion of its share repurchase program.
Due to run until 12 April and carried out via the stock exchange between 15 November last year and 18 March, the program involved the buyback of a total of 47,350,248 shares by the Austria-based central and eastern European developer for just over €145.7m.
Immofinanz now holds 104,421,677 treasury shares representing 9.99 % of the share capital of Immofinanz AG.
Earlier this month, the company launched a €550m convertible bond sale. The bonds mature in March 2018.
