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Bergesen Buys Its Own Shares

Maritime Activity Reports, Inc.

September 3, 1999

Bergesen d.y. Group has reportedly bought 3,758,005 of its own "A" voting shares and 829,400 "B" shares. Officials said the group acquired the A shares at $15.84 per share and the B shares at $16.32 per share, adding that the shares represented its total holding in the company.

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