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BRIEF-Baloise Holding increases its share buy-back programme
December 12, 2016 / 6:07 AM / a year ago

BRIEF-Baloise Holding increases its share buy-back programme

Dec 12 (Reuters) - Baloise Holding Ltd :

* Increases its share buy-back programme

* About one-third of convertible bond, which matured on Nov. 17, 2016 has been converted and rest repaid

* Intends to buy back dilution under its positive shareholder policy, which is why it is stepping up share buy-back programme announced on Oct. 26, 2016 to up to three million treasury shares

* Planned time frame for buy-back is up to three years Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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