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On 27 June 2017, Nestlé announced a share buy-back programme of up to CHF 20 billion, scheduled to start on 4 July 2017 and to be completed by the end of June 2020.
Nestlé started share buy-back programmes in 2005, increasing with them the flexibility in managing its capital structure as well as the strong financial position of the Group.
Since 2005 the following buy-back programmes took place.
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