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LEI Leighton Fpo

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Share Name Share Symbol Market Type
Leighton Fpo ASX:LEI Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Hochtief To Buy Back Up To 6.9 Million Shares

01/10/2014 6:27pm

Dow Jones News


Leighton Holdings (ASX:LEI)
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By Ulrike Dauer

FRANKFURT--German construction services company Hochtief AG (HOT.XE) said it will buy back up to 6.916 million of its shares.

The buyback of up to 10% of the company's equity capital will be carried out between Oct. 7 and Dec. 31, 2015.

Based on Wednesday's closing price of EUR53, the company would spend up to EUR367 million. The share buyback of up to 10% has already been approved by the company's 2014 annual shareholders meeting.

Write to Ulrike Dauer at Ulrike.Dauer@wsj.com

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