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At $101.50 a share, buying out the minority shareholders will cost Pinault roughly $4.7 billion.
More share buying by directors lifted the music streaming group 7digital, which surged 1.88p to 15.13p, having leapt almost 150 per cent in a fortnight.
With conventional share buying, if you want to own £1,000 of the airline's shares, you need to buy 1,000 of them and pay the money upfront.
It seems most common in large corporations whose sizable market share, buying power, and financial resources keep them viable until there is a major change in the environment.
Control of Harrods and 100 other department stores owned by the House of Fraser passed into the hands of a wealthy Egyptian family yesterday following a £130 million share buying spree on the Stock Market.
The three agreed to a restructuring that provides for Time Warner and Liberty Media (the programming branch of Tele-Communications Inc., the nation's largest cable systems operator) to own Court TV in a 50-50 share, buying out NBC.
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Take share buy-backs, for instance.
News Corporation has announced a share buy-back plan.
Share buy-backs are one way to rent some loyalty.
It announced a €1bn share buy-back before the end of 2008.
After its Gangnam-style fiasco Hyundai launched a share buy-back.
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