Investor Relations
News Detail
27th Mar 2008
Re-Issue of Treasury Shares
Independent News & Media PLC has today re-issued 1,420,827 Ordinary Shares currently held as Treasury Shares at an effective price of €1.7525 each per share.
These shares were issued to the vendors of the Sligo Champion in part settlement of the consideration for the acquisition of the Sligo Champion, which has just been completed.
Following today’s re-issue, the total number of Ordinary Shares held as Treasury shares is 39,179,536 and the total number of Ordinary Shares in issue, excluding Treasury Shares, is 791,639,114.
