Reed Elsevier PLC Buys 247,250 Own Shares to Hold in Treasury
06 December 2012 - 5:01AM
Dow Jones News
LONDON--Reed Elsevier PLC (REL.LN), a provider of publishing and
professional information services, said Wednesday that it purchased
through UBS Ltd 247,250 Reed Elsevier ordinary shares at a price of
650.7304 pence per share, adding that the shares will be held as
treasury shares.
MAIN FACTS:
-Reed Elsevier NV purchased--through UBS Ltd 143,500 Reed
Elsevier NV ordinary shares at a price of EUR11.2686 per share to
hold in treasury.
-Shares closed Wednesday at 652.0 pence, valuing the company at
GBP7.77 billion.
-Write to Razak Musah Baba at razak.baba@dowjones.com
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