Posted by: zanshin, 2009-05-09 02:00

Statement
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Date: 2001-01-08 (Monday)
In an Extraordinary General Meeting of the BIS (Bank for International Settlements) approved a proposal that restricted ownership of BIS shares to central banks. Some 13.7% of all shares were in private hands at that time, and the repurchase was accomplished with a cash outlay of $724,956,050. The price of $10,000 per share was over twice the book value of $4,850.






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