RNS Number : 8871C
  Ferrexpo PLC
  05 September 2008
   

    Ferrexpo PLC - Transactions in Own Shares

    Ferrexpo plc ("Ferrexpo" or the "company") today announces the commencement of a repurchase of its own shares pursuant to the authority
granted to it by its shareholders at this year's Annual General Meeting as part of its ongoing capital management program, in light of the
cash generated by the company in excess of its current needs. The company today purchased for cancellation from JPMorgan Cazenove Limited
1,000,000 ordinary shares at an average price of 184.5973 pence per share. Following this purchase Ferrexpo holds 0 ordinary shares in
treasury and has 612,967,956 ordinary shares in issue (excluding treasury shares). 

    The principal beneficial shareholder of Ferrexpo, Kostyantin Zhevago, intends to participate in the share repurchase through
Fevamotinico S.r.l. in order to maintain his current ownership level, once any relevant and appropriate regulatory and/or shareholder
approvals are obtained.

    The Board is committed to maintaining an appropriate level of gearing which reflects a prudent capital structure which has the
flexibility to enable the accelerated development of the company's extensive undeveloped iron ore resources.





This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
POSDGGGLKKVGRZM
Ferrexpo (LSE:FXPO)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024 Ferrexpo 차트를 더 보려면 여기를 클릭.
Ferrexpo (LSE:FXPO)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024 Ferrexpo 차트를 더 보려면 여기를 클릭.