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Richter Launches Share Buyback Program

Pharma

Image by LaMography/Moni Lazar

Pharmaceutical company Gedeon Richter has announced the commencement on April 6 of a share buyback program, according to a report by state news wire MTI.

The buyback will be implemented with the involvement of UniCredit Bank Hungary and Raiffeisen Bank Zrt.

Richter announced its board's decision on the twelve-month share buyback program up to HUF 40 billion two days earlier.

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