31st Mar 2005 16:12
Burberry Group PLC31 March 2005 Burberry Group plc ('Burberry') Close Period Share Repurchase Programme Burberry announces today that it has given its brokers an irrevocable,non-discretionary authority, approved by the UKLA, to purchase Burberry OrdinaryShares ('Burberry Shares') on its own behalf, for cancellation during its closeperiod which commences on 1 April 2005 and ends on 23 May 2005. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both Burberry's general authority to repurchase Burberry Sharesand Chapter 15 of the Listing Rules, which required that the maximum price paidbe limited to no more then 105 per cent of the average middle market closingprice of Burberry Shares for the five dealing days preceding the date ofpurchase. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Burberry