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Norway | Investments
Yara International ASA share buy-backs Yara International ASA has today purchased 60,000 own shares in the market at an average price of NOK 309.4025. 8/25/2014
 Yara International ASA share buy-backs.
Yara International ASA has today purchased 60,000 own shares in the market at an average price of NOK 309.4025. The transaction is part of a buy-back program, authorized by the Annual General meeting held 5 May 2014. The AGM authorized Yara to buy back up to 5% of Yara's shares (13,811,388 shares) before the 2015 AGM. Yara has renewed its agreement with the Norwegian State according to which the State's shares will be redeemed on a pro-rata basis to ensure that the State's ownership is unchanged when shares are cancelled. After this transaction Yara holds 120,000 own shares acquired as part of its current buy-back program.
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