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Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria Announces Share Repurchase Program.

Publication: PR Newswire
Publication Date: 26-AUG-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BUENOS AIRES, Argentina, Aug. 26 /PRNewswire-FirstCall/ -- Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (the "Company") reported today to the Argentine Comision Nacional de Valores and the Bolsa de Comercio de Buenos Aires that its Board of Directors has approved the terms and conditions for the acquisition of shares issued by the Company under the provisions of Section 68 of Law 17,811 (added by Decree number 677/2001) and the Rules of the Comision Nacional de Valores. The Board of Directors has taken into account the following reasons:

1. The current international macroeconomic context which affects directly the...

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