Share Buyback

Share Buyback is the possibility to purchase shares of the own company. The share buyback must be approved by the Annual General Meeting.

29 May 2013, Report on Share Buyback

At the Annual General Meeting, which took place on 29 May 2013, the previous authorization for share buyback from 2012 was revoked and following new authorization was resolved:

  • Share buyback of up to 5% of the share capital
  • Price range: 5 EUR to 15 EUR per share
  • Duration of authorization by the Annual General Meeting until 28 November 2014
  • Shares purchased can be used
    • as consideration for acquisition of enterprises
    • to serve stock options or to issue shares to employees
    • to sell treasury shares any time via the stock exchange or by public offer, for a period of 5 years from the day of this resolution in any way permitted by law, also other than via the stock exchange, whereby the Management Board is entitled to exclude the general purchase opportunity

Details on shares repurchased will be announced here.

Buyback information as XLS document

The following documents were released in connection with the share buyback:

Buyback in the Course of the Stock Option Program on February 27, 2004

On February 27, 2004 stocks amounting to 0.67% of the share capital were repurchased to serve stock options.

Ad Hoc Release of February 20, 2004 on the Intention to Buyback

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