STRABAG SE

EANS-News: STRABAG SE
STRABAG SE share buy-back


--------------------------------------------------------------------------------
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
--------------------------------------------------------------------------------
Buybacks


Wien (euro adhoc) - The 7th Annual General Meeting of STRABAG SE (the "Company")
held on 10 June 2011 authorised the management board of the Company to buy back
own shares in accordance with Section 65 Paragraph 1 No. 8 of the Austrian Stock
Corporation Act (AktG) to the extent of up to 10 % of the share capital of the
Company during a period of 13 months from the day of the resolution, i.e. until
10 July 2012. In accordance with the authorisation granted by the Annual General
Meeting of the Company, the share acquisition can occur on the stock market or
over the counter, with approval of the supervisory board required for
over-the-counter purchases. 

The management board with the consent of the supervisory board has resolved to
make use of this authorisation as follows. The decision has been disclosed in
accordance with Section 48d Paragraph 1 of the Austrian Stock Exchange Act on 10
June 2011. 

Now, the share acquisition shall start on 14 July 2011.

According to Section 5 Paragraph 1 Austrian Publication Ordinance the Company
therefore announces the following:

Conditions of the share buy-back 
Start and anticipated duration: from 16 June 2011 through 10 July 2012
Share class: Common shares (ISIN AT000000STR1)
Volume: up to 10 % of the share capital of the Company, i.e. up to a maximum of
11,400,000 shares
Purchase price: from EUR 1.00 (including this amount) to EUR 27.115 (including
this amount)
Purchase method: on the stock market and possibly over the counter (OTC)
Purpose: to any purpose allowed by Section 65 Paragraph 1 No. 8 of the Austrian
Stock Corporation Act (AktG), especially for the purpose of using own shares as
cash for growth
Day of resolution: 10 June 2011
Day and type of publication of resolution: the publication has occured on 10
June 2011 in accordance with Section 82 Para. 8 of the Austrian Stock Exchange
Act (BörseG) 

The public announcements according to Sections 6 and 7 of the Austrian
Publication Ordinance will be made on the Company´s website www.strabag.com.


Further inquiry note:
STRABAG SE
Diana Klein, CFA
Head of Investor Relations
Tel:   +43-1-22422-1116
diana.klein@strabag.com

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


company:     STRABAG SE
             Donau-City-Straße  9
             A-1220 Wien
phone:       +43 1 22422 -0
FAX:         +43 1 22422 - 1177
mail:     www.strabag.com
WWW:      investor.relations@strabag.com
sector:      Construction & Property
ISIN:        AT000000STR1, AT0000A05HY9
indexes:     WBI, ATX Prime, ATX, SATX
stockmarkets: official market: Wien 
language:   English
 

 

 



Das könnte Sie auch interessieren: