Conwert launches new share buyback scheme

Austrian residential property company Conwert Immobilien Invest said it will take advantage of its current low share price to buy back more shares. The Vienna-based company will purchase up to 4.7 million ordinary shares (or around 5.5% of its basic capital) at EUR 8-13 per share between 29 August 2009 and 25 April 2009 as part of a second buyback programme

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