Wednesday, February 21, 2007

Truworths cancels 7.5% of shares

Fashion retailer Truworths has cancelled 7.47% of its shares in issue and applied to delist them, it said on Wednesday.

Truworths said it had decided to cancel the shares, which were owned by a subsidiary company, to restructure its balance sheet and enable it to continue its treasury share buyback programme.

Read more at FIN24.co.za

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