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   >> Home >> Press releases / News >> Archive 2006
 
SLIGRO FOOD GROUP STARTS REPURCHASING OWN SHARES FOR STOCK DIVIDEND

Sligro Food Group starts repurchasing own shares for stock dividend

 

In accordance with its announcement on 26 January 2006, Sligro Food Group will start repurchasing its shares in order to avoid its earnings being diluted by the stock dividend for the year 2005.

 

Before determining the exact number of shares needed for the dividend payment, Sligro Food Group will from today start repurchasing a maximum of 250,000 shares. This programme will end on the earlier of 31 December 2006 or the date on which 250,000 shares have been repurchased.

 

The repurchasing programme will be managed by Kempen & Co in accordance with an irrevocable mandate it has been given by Sligro Food Group. Kempen & Co will consequently take all the trading decisions independently of Sligro Food Group, subject to the terms of the instructions.

 

Veghel, 2 March 2006

On behalf of the Executive Board of Sligro Food Group N.V.


A.J.L. Slippens

H.L. van Rozendaal

Tel: +31-413 – 343500

www.sligrofoodgroup.com


 
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