The shareholders of Royal Wessanen NV (ENXTAM:WES) authorized a share repurchase program at its Annual General Meeting on April 16, 2013. Under the program, the company will repurchase up to 7,568,249 shares, representing up to 10% of its issued share capital. The price for such purchases, excluding expenses, shall be between €0.01 and the amount that equals 110% of the market price of these shares on the Amsterdam stock market. The market price shall be the average ... of the highest price on each of five days of trading prior to the date of acquisition as shown in the Official Price List of NYSE Euronext in Amsterdam. The purpose of the plan is to have the flexibility to purchase its own shares. The program will commence from April 17, 2013 and will continue until October 17, 2014. As of April 16, 2013, the company has 75,682,491 shares in issue.
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