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GOL Linhas Aéreas Inteligentes S.A. Message Board

  • quitclaim quitclaim Sep 10, 2011 6:24 PM Flag

    Leveraged share buyback - Comments?

    SAO PAULO, Sept. 8, 2011 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL the "Company"), (S&P/Fitch: Interested in comments on the followingBB-/BB-, Moody's: B1), the largest low-cost and low-fare airline in Latin America, announces that, on this date, the Company's Board of Directors authorized the Company's own shares to be traded upon purchase of call options ("calls") and launching of put options ("puts" and, collectively, "Options") referenced on Company's shares, for purposes of being either cancelled, held as treasury stock or disposed of, under the terms of CVM Instruction no. 390, dated July 08, 2003 ("CVM Instruction 390").

0.4634-0.0266(-5.43%)Feb 10 4:02 PMEST