Holcim successfully completes placement of 5 million treasury shares

Holcim successfully completes placement of 5 million treasury shares

 

Holcim Ltd has sold 5 million treasury shares at a price of CHF 59.25 per share. The proceeds of CHF 296 million will be used for general corporate purposes.

The closing of this oversubscribed transaction to further strengthen the Group’s balance sheet is expected to take place on or around March 30, 2012.

 

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Holcim is one of the world's leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as further activities such as ready-mix concrete and asphalt including services. The Group holds majority and minority interests in around 70 countries on all continents.
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