News

Minerva repurchases stock seeking to increase share value

26/03/2008

In order to revert the devaluation of its shares, Brazilian packing company Minerva Group is repurchasing 10% of its circulating shares. The company has said that the value of the shares of its main competitors went down by 28.1% in 2007 while Minerva's shares dropped by 56.2%.“The most important thing for us is to show our investors that we are...

To continue reading this story, please sign in or register.

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.