Czech power company CEZ AS (BAACEZ.PR) said late Friday it has completed its share buyback program in which it purchased 9.8% of its own stock from the open market, bringing its own stock holding to 9.998%.
Completion of the buyback program was expected.
The company said that it will most likely cancel the shares it now holds, and the company may possibly launch another share buyback program later this year if it is unable to make significant acquisitions.