CEE shopping centre developer and investor Atrium European Real Estate said that it intends to propose a resolution to shareholders to authorise the buy-back of up to 50 million company shares. It added that the resolution will be voted on during an Extraordinary General Meeting (EGM) to be convened by the company. Atrium, formerly known as Meinl European Land, said the purchases, which will be made on the open market, are expected to enhance the value of the company's shares.
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