|
27 May 2009
|
|
|
|
 Moscow, Russia – May 27, 2009 – Wimm-Bill-Dann Foods OJSC [NYSE: WBD], a leading Russian producer of food products and beverages, today announced that its subsidiary, Wimm-Bill-Dann Finance, has increased its stake in the company’s share capital to 3.3%.
In line with its previously announced decision, Wimm-Bill-Dann continues to invest in its own shares. As of today, the company has purchased 1,452,973 ordinary shares in the open market, which constitutes 3.3% of the total amount of issued shares.
Wimm-Bill-Dann may purchase shares from time to time in the open market. The amount and timing of the repurchases are based on a variety of factors, including general business and market conditions, the availability of an open trading window, cash requirements, and strategic investment opportunities among other factors.
Download press release.pdf
|
|
|
|