Fyffes buys back 6m of its own shares
Release date: 24 June 2008
Fruit importing company Fyffes has bought back 6m of its own shares at a price of 63c each. In a statement to the stock exchange, it said that it bought the shares yesterday. All of the stock purchased will be held as treasury shares, increasing the number of such shares in the group to 19m out of a total of 364m Fyffes shares on issue. The company's share price dropped by 5c yesterday to close last night at 60c.
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