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Greek EFG Eurobank placing treasury shares-sources

Source: Reuters - Thu 10th Sep 2009

EFG Eurobank , Greece's second largest lender, is placing treasury stock amounting to about 5 percent of its outstanding shares, sources at the bank said on Thursday.

"There is an ongoing placement of treasury shares, about 5 percent (of total outstanding shares) with a large foreign financial mutual fund group" an official at the bank who did not want to be named told Reuters.

EFG shares closed at 9.94 euros on Wednesday. They are up 79 percent in the year to date.

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