- Release Date: 02/04/12 10:52
- Summary: BUYBACK: IFT: Share Buyback
- Price Sensitive: No
- Download Document 1.11KB
IFT 02/04/2012 08:52 BUYBACK REL: 0852 HRS Infratil Limited BUYBACK: IFT: Share Buyback Infratil Limited advises that it has acquired its own securities. The following information is provided in accordance with Listing Rules 7.12 Class of security: Ordinary Shares ISIN: NZIFTE0003S3 Number of Ordinary Shares acquired: 4,500,000 Acquisition price (average): $1.89 Date acquired: 30 March 2012 Payment: In cash Amount paid up: Fully paid up ordinary shares Percentage of the total class of securities issued (after the acquisition): 0.74% 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 15 August 2011 & Board resolution dated 28 June 2011. Total number of Ordinary Shares in existence after the acquisition: 606,604,931 Total number of ordinary shares in existence after acquisition and after deduction of Treasury Stock: 586,930,830 Treasury stock: Shares acquired will be held as treasury stock. K M Baker End CA:00221433 For:IFT Type:BUYBACK Time:2012-04-02 08:52:30
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