Dufry to launch share buyback program

Dufry is to launch a one-time share buyback program of up to CHF 400 million

Swiss travel retailer Dufry is to launch a one-time share buyback program of up to CHF 400 million ($415 million) over 12 months. The shares repurchased will be cancelled and the share buyback will be accretive to earnings per share.

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