Oslo (2012-05-31): Yara International ASA has today
purchased 230,000 own shares in the market at an
average price of NOK 231,7891
The transaction is part of a buy-back program,
authorized by the Annual General meeting held 10 May
2012. The AGM authorized Yara to buy back up to 5% of
Yara's shares (14,210,363 shares) before the 2013 AGM.
Yara has renewed its agreement with the Norwegian
State according to which the State's shares will be
redeemed on a pro-rata basis to ensure that the
State's ownership is unchanged when shares are
cancelled.
After this transaction Yara holds 1,920,000 own
shares acquired as part of its current buy-back
program.