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SIPEF — Transaction in Own Shares 2015
Mar 3, 2015
4000_dirs_2015-03-03_07c0c692-0f90-42fa-b9ed-b7a9efaa1635.pdf
Transaction in Own Shares
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SIPEF reports
on the progress of the share buy-back
Further to the initiation of the share buy-back program announced on 22 September 2011, SIPEF reports the purchase of 3 490 shares on NYSE Euronext Brussels in the period of 24 February 2015 and 25 February 2015.
| Number of shares | Total amount (EUR) | Average Price (EUR) | Highest price (EUR) | Lowest Price (EUR) |
|---|---|---|---|---|
| 2 000 | 103 966 | 51.98 | 53.00 | 51.14 |
| 1 490 | 79 052 | 53.06 | 53.10 | 52.90 |
| 3 490 | 183 018 | 52.44 | 53.10 | 51.14 |
Since the start of the share buy-back program on 22 September 2011, SIPEF has bought back 65 490 shares for a total amount of 3 676 742.27 EUR. This corresponds to 0.7316% of the total shares outstanding.
The overview relating to the share buy-back program is available on:
Schoten, 3rd of March 2015.
For more information, please contact:
F. Van Hoydonck,
managing director (GSM +32 478 92 92 82)
J. Nelis, chief financial officer
Tel.: +32 3 641 97 00 Fax : +32 3 646 57 05
[email protected] (rubriek "investor relations")
SIPEF is a Belgian agro-industrial company listed on the NYSE Euronext Brussels. The company mainly holds majority stakes in tropical businesses, which it manages and operates. The group is geographically diversified, and produces a number of different commodities, principally palm oil. Its investments are largely ventures in developing countries.