Thursday, June 28, 2007

UPDATE 1-Dominion to buy back 55 mln common shares

(Reuters) - Dominion expects to start a modified Dutch auction
self-tender by mid-July. Shareholders could tender some or all
of their shares at prices from $82 to $92 per share, said the
Richmond, Virginia-based company. The company then would pick a
price and buy shares tendered at that level or below.




The power company is in the process of selling most of its
oil and natural gas exploration and production assets.


Read more at Reuters.com Mergers News

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