07.12.2015 10:12:45
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Press Release: Nestlé completes CHF 8 billion share buyback programme
Nestlé S.A. / Nestlé completes CHF 8 billion share buyback programme . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Vevey, 7 December 2015 - Nestlé S.A. announces that it has completed its 8 billion share buyback programme initiated on 25 August 2014. Since 25 August 2014, Nestlé has repurchased 112,640,000 of its shares for a total of CHF 8 billion at an average purchase price per share of CHF 71.02.
36,400,000 repurchased shares were cancelled by the Annual General Meeting held on 16 April 2015 and the share capital of Nestlé S.A. was reduced to CHF 318,840,000. The Annual General Meeting 2016 of Nestlé S.A. will decide upon the cancellation of the remaining 76,240,000 repurchased shares.
Contacts
Media: Robin Tickle Tel.: +41 21 924 22 00 Email: mediarelations@nestle.com
Investors: Steffen Kindler Tel.: +41 21 924 35 09 Email: ir@nestle.com
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nestlé S.A. via Globenewswire
HUG#1971702
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Nestlé S.A.
Avenue Nestlé 55 Vevey Switzerland
WKN: 887208;ISIN: CH0038863350;
http://www.nestle.com (END) Dow Jones Newswires
December 07, 2015 03:00 ET (08:00 GMT)- - 03 00 AM EST 12-07-15
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