‹ Back to All Infratil News
Infratil Share Buyback
16 Sep 2008
Infratil Limited advises that it has acquired its own securities. The following information is provided in accordance with Listing Rule 7.12:
Class of security: Ordinary Shares
Number of ordinary shares acquired: 400,000
Acquisition Price (average): $2.15
Payment: In cash
Amount paid up: Fully paid ordinary shares
Percentage of the total class of securities issued (after the acquisition): 0.08%
Reason for the acquisition: Considered by the Directors to be in the best interests of the Company and shareholders.
Specific authority for the acquisition: Shareholder approval dated 18 August 2008 & Board resolution dated 24 June 2008.
Total number of ordinary shares in existence after the acquisition and after deduction of Treasury Stock: 526,608,875
Date acquired: 15 September 2008
Treasury stock: Shares acquired will be held as treasury stock.
K M Baker