StockMarketWire.com - San Leon Energy said it had commenced a buy back of up to $2.0m, with immediate effect.

Shares would be acquired at a maximum price of the greater of 105% of the average market price of its shares for the previous five days, or the higher of the price quoted for the last independent trade and the highest current independent bid or offer for such shares.

The buyback would be independently managed by Cantor Fitzgerald Europe.




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