Mon, 28 Apr 2014 18:36:00 GMT ~ World Assurance Gr
Post# of 26758
Posted On: 05/07/2014 9:56:16 AM
Mon, 28 Apr 2014 18:36:00 GMT ~ World Assurance Group CEO Announces Share Repurchase Program Of Up To 100 Million Shares As WDAS Part Of Strengthening Capital Structure
[PR Newswire] - NEW YORK, April 28, 2014 /PRNewswire/ -- World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announced that its Board of Directors on April 28, 2014 adopted a corporate resolution to authorize a stock repurchase plan pursuant to which World Assurance Group Inc. may repurchase up to 100,000,000 (100 Million) shares of its common stock as part of an overall capital restructuring. Mr. Fabio Galdi, CEO of WDAS, said, "We are committed to maximizing shareholder value and this is another step and commitment towards that goal. We see the share repurchase program as a clear message to the market of the board's view that the Company is currently undervalued.
read full: http://finance.yahoo.com/news/world-assurance...00002.html
[PR Newswire] - NEW YORK, April 28, 2014 /PRNewswire/ -- World Assurance Group Inc. (www.worldassurancegroup.com) (OTC Pink: WDAS) today announced that its Board of Directors on April 28, 2014 adopted a corporate resolution to authorize a stock repurchase plan pursuant to which World Assurance Group Inc. may repurchase up to 100,000,000 (100 Million) shares of its common stock as part of an overall capital restructuring. Mr. Fabio Galdi, CEO of WDAS, said, "We are committed to maximizing shareholder value and this is another step and commitment towards that goal. We see the share repurchase program as a clear message to the market of the board's view that the Company is currently undervalued.
read full: http://finance.yahoo.com/news/world-assurance...00002.html
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