Dragon Oil launches share buyback scheme

Dublin-listed exploration company Dragon Oil is proposing to implement a share buyback program of up to 5 million shares.

26th September, 2011

Dublin-listed exploration company Dragon Oil is proposing to implement a share buyback program of up to 5 million shares. The buy-back program will commence today and

will run until the requisite number of shares has been acquired and no later than January 31st.

“The sole objective and purpose of the program will be to meet all relevant obligations arising from the company’s various share schemes,” the company said.

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