{"id":11034,"date":"2009-07-15T00:00:00","date_gmt":"2009-07-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"swiss-hedge-fund-buy-back-program-equalises-share-price-with-nav","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/swiss-hedge-fund-buy-back-program-equalises-share-price-with-nav.html","title":{"rendered":"Swiss Hedge Fund Buy-Back Program Equalises Share Price With NAV"},"content":{"rendered":"

HedgeCo.net (West Palm Beach) – In order to achieve capital reduction, Swiss alternative investment company ALTIN AG has launched a share buyback program as part of a broader range of measures to reduce share price discount.<\/p>\n

The hedge fund company has already succeeded in bringing the difference between the NAV and the share price from 33% at the end of 2008 to 21.7%. This, among other things, should enable ALTIN’s stock market price to come closer to the NAV.<\/p>\n

The Annual General Meeting of shareholders approved a share buyback programme of up to 10% of the share capital. A second trading line for the registered shares of ALTIN will be opened on the SIX Swiss Exchange on 22 July 2009. ALTIN intends to buy back up to 5% of its shares until the end of March 2010.<\/p>\n

The offer may be accepted only by Non-US persons, outside the United States.<\/p>\n

Alex Akesson<\/p>\n

Editor for HedgeCo.net
alex@hedgeco<\/span>.net<\/a><\/p>\n

HedgeCo<\/span>.Net is a premier hedge fund<\/a><\/span> database and community for qualified and accredited investors only. Membership on www.hedgeco<\/span>.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds! <\/p>\n

 <\/p>\n


<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HedgeCo.net (West Palm Beach) – In order to achieve capital reduction, Swiss alternative investment company ALTIN AG has launched a share buyback program as part of a broader range of measures to reduce share price discount. The hedge fund company […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[14197,1004,11105,7078,11234,7537,6826,11708,2568,4494,14195,14198,588,14193,11074,4845,14194,14196,2513,11098],"class_list":["post-11034","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","tag-22-july","tag-accredited-investors","tag-alex","tag-alternative-investment","tag-altin","tag-annual-general-meeting","tag-hedge-fund-company","tag-hedge-funds","tag-investment-company","tag-measures","tag-meeting-of-shareholders","tag-nav","tag-palm-beach","tag-share-buyback-program","tag-share-capital","tag-share-price","tag-stock-market-price","tag-swiss-exchange","tag-united-states","tag-west-palm-beach"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11034"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11034\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}