Thursday, June 28, 2007

Dominion up on share buyback offer

(Reuters) - Dominion expects to start a modified Dutch auction self-tender by mid-July. Shareholders could tender some or all of their shares at prices from $82 to $92 per share, said the Richmond, Virginia-based company. The company then will pick a price and buy shares tendered at that level or below.




Shares of the power company were up $3.27 to $86.82 in late morning trade on the New York Stock Exchange.


Read more at Reuters.com Hot Stocks News

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