Fyffes company secretary Seamus Keenan has announced the plc has carried out a transaction in its own shares. “Under the authority granted by shareholders at its previous annual general meeting, Fyffes purchased five million ordinary shares of €0.06 each in the issued share capital of the company on the market at a price of €0.39 per share on 16 September 2011,” Keenan said in a statement.
He added that the five million ordinary shares purchased under this transaction will be held as treasury shares. In addition, Fyffes has authorised the cancellation of four million ordinary shares previously held as treasury shares by the company. Following this transaction, Fyffes plc has 324,608,191 Ordinary Shares in issue, excluding the 33,075,000 now held as treasury shares.
