Belron Parent D'Ieteren Re-Purchases 1,192
November 1, 2010
Belgium-based D'Ieteren, the parent company of Belron, announced
late last week that it has re-purchased 1,192 of its own shares
at an average price of $546.95 (393.30 Euros) per share. The re-purchase
was conducted in accordance with article 207 of the Royal Decree
of January 30, 2001, implementing the company code, according to
a company statement.
The re-purchase of the shares was made on Euronext Brussels between
October 19 and October 28, 2010 and was carried out "to hedge
share option schemes granted to officers and managers, by virtue
of the power endowed to the Board of Directors by the general meeting
of shareholders on May 28, 2009."
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