Ukrproduct Group decides to go ahead with 23.4% share buyback
3 February 2009
Ukrproduct Group (UKR LN) shareholders approved a decision at their EGM on January 29 to buyback 23.35% of shares in the company by the end of Sept. 2008. Ukrproduct will offer a minimum price of GBP 0.05 and a maximum of no higher than 3% of the mean closing price on the preceding five trading days. The stock has dropped 80% since June 2008.
