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Accor to launch second phase of share buyback

Category:Industry Key Words:AccorHotels Time:2018-12-24 10:44

AccorHotels has launched the second tranche of its share buyback program for the amount of €500 million ($572.8 million), with a purchase period between today and 20 June, without being shorter than three months from today, according to a news release.

The first tranche, with a value of €350 million ($399 million), was completed in November.

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