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23/07/2007, 2007, 2.45 PM CET  

Novartis completes its fourth share repurchase program


Basel, July 22, 2007 - Novartis has completed its fourth share repurchase program initiated on August 9, 2004, and during which 47,575,000 Novartis shares were repurchased for a total of CHF 3 billion. The average purchase price per share was CHF 63.05.
 
A total of 25,400,000 shares repurchased in this program were cancelled following the Annual General Meetings in 2005 and 2006. The remaining 22,175,000 shares from this program will be cancelled following the approval of shareholders at the next Annual General Meeting in February 2008. Shares from this program correspond to 1.74% of the current Novartis share capital.
 
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Novartis Media Relations

 
e-mail: media.relations@novartis.com
 
 
 
Novartis Investor Relations

 
e-mail: investor.relations@novartis.com 


Attachments:
Media release (PDF)


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