Zignago Vetro initiates share buyback

Italy“s Zignago Vetro said in a statement that it has initiated a buyback program, approved by the shareholder meeting in May 2008.
The share buyback, the note says, “is aimed at maximising value cr…

Italy“s Zignago Vetro said in a statement that it has initiated a buyback program, approved by the shareholder meeting in May 2008. The share buyback, the note says, “is aimed at maximising value creation for shareholders, represents an interesting investment opportunity and allowing for an improvement in the financial structure of the company”.