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Atrium shareholders to vote on extension of share buyback program
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Atrium European Real Estate Ltd. seeks to extend a program expiring April 25 to buy back up to 50 million shares on the market.
The extension will be an ordinary resolution that Atrium shareholders will vote on at a scheduled annual general meeting on the same day.
Atrium directors do not plan to repurchase shares, and the extension of the program is a capital management strategy. The company did not buy shares under the program in full-year 2016 and as of April 6.