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07 Nov
10:32

Voestalpine eyes share buyback amid depressed stock market

Voestalpine plans to buy back a maximum of 10 million shares, or up to 5.6% of its share capital. The share buyback programme will start on 10 November and is scheduled to end on 10 July 2023, Kallanish learns from the Austrian company. The management board says it regards the current historically low share price as an attractive opportunity for such a move. The development of share prices in recent months reflects market expectations of a significant economic do…
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