Oriflame Cosmetics concludes share buyback programme
On 2 January 2013, Oriflame initiated a share buyback programme authorized by the Extraordinary General Meeting held on 19 December 2012 to repurchase up to 5,712,113 of the Company’s shares or Swedish Depositary Receipts (SDRs), equivalent to 10% of the current share capital, by instructing management to launch a first share buyback programme. The purpose of the share buyback programme is to optimise the capital structure of the Company. According to the buyback programme, the Company was to purchase own shares or SDRs up to a maximum value of SEK 350m during the period from 2 January