| Title: | DWS Advanced Bus Solutions Ltd intends a stock buyback |
| Price: | $48.00 |
| Publication Date: | Mar 27, 2008 |
| Abstract: | AUSTRALIA - In March 2008, the board of DWS Advanced Business Solutions Ltd (DA), an information technology consulting services provider, authorized the repurchase of up to 10.031 mil ordinary shares, or about 7.51% of the company's entire ordinary share capital, in open market transactions. Based on DA's closing stock price of 1.37 Australian dollar ($1.261 US) on March 26, the last full trading day prior to the announcement of the board's approval, the buyback had an indicated value of up to A$13.743 mil ($12.652 mil) in cash. |
| Acquirer: | DWS Advanced Bus Solutions Ltd |
| Acquirer Business Discription: | Pvd IT consulting svcs |
| Acquirer SIC Code: | 7375 - Information retrieval services |
| Target Name: | DWS Advanced Bus Solutions Ltd |
| Target Business Description: | Pvd IT consulting svcs |
| Target SIC Code: | 7375 - Information retrieval services |
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