By Joshua Kirby
French construction group Vinci SA said Friday that it will buy back shares with a value up to 200 million euros ($231.5 million) from an investment-services provider.
The company will sell Vinci the shares no later than Oct. 25, at an average per-share price based on market prices over the period, with a guaranteed discount, and at no more than the price set by Vinci's shareholders at the company's meetings.
The buyback is part of wider program of share repurchases, Vinci said.
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(END) Dow Jones Newswires