12th Nov 2008 07:12
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FOR IMMEDIATE RELEASE |
12 November 2008 |
WPP GROUP PLC ("WPP")
Transaction in own shares
The Company has received several requests for clarification on the announcement yesterday, concerning the sale of 2,000,000 WPP ordinary treasury shares.
These shares were sold on the last trading day possible, in connection with the re-domicile of the Company from the United Kingdom to Ireland and the subsequent issue of new ordinary shares in WPP plc due to take place on 19 November.
An equal number of treasury shares will be purchased once the new shares are listed. There will be no further transactions of a similar nature.
For further information, please contact:
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Feona McEwan, WPP www.wpp.com |
+44 (0)20 7408 2204 |
Related Shares:
WPP