Kerzner Board Approves Repurchase

15th Aug 2005

Kerzner International Limited, a leading international developer and operator of destination resorts, casinos and luxury hotels, has announced that its Board of Directors has approved a share repurchase program authorizing the Company to purchase up to two million of the Company’s ordinary shares. As of August 11, 2005, the Company had 36.3 million shares outstanding.The share repurchases will be made at management’s discretion from time to time in the open market through block trades or otherwise. Depending upon market conditions and other factors, share repurchases may be commenced or suspended at any time or from time to time without prior written notice.


Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation