New Clicks in R190m share buy-back
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June 21, 2007, 6:17 am
Filed under: Local Company News
Filed under: Local Company News
New Clicks Holdings had bought back 3.3 percent of its own shares for R190 million, the music and toiletries retailer said yesterday.
June 20, 2007
New York – New Clicks Holdings had bought back 3.3 percent of its own shares for R190 million, the music and toiletries retailer said yesterday.
The company paid an average R16.20 a share for 11.7 million shares, from May 18 to June 15, Cape Town-based New Clicks said.
A resolution passed at the company’s annual meeting on January 30 allowed for the repurchase of as much as 20 percent of the stock. – Bloomberg
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