Further to the announced buy-back program of 326,800 shares, to cover the stock option plan of 2012 in favor of the management, Recticel reports it has purchased 35,733 of its own shares on NYSE Euronext Brussels.
This corresponds to 0.12% of the total shares outstanding.
Together with the shares previously bought back, the total amount of shares now owned by Recticel amounts to 214,038 (0.74%).
Recticel, a manufacturer of polyurethane foam products, strives to make a real difference to daily comfort for all. The Group, as a unique whole, concentrates on four selected fields of application: Flexible foams, Bedding, Insulation and Automotive.
Source:
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=153588