Alle Storys
Folgen
Keine Story von MEDION mehr verpassen.

MEDION

euro adhoc: MEDION AG
Buybacks
MEDION AG: Share buyback

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
03.12.2008
MEDION AG: Ad-hoc announcement pursuant to section 15 of the German 
Securities Trading Act (WpHG)
Share buyback program
The Management Board  of  MEDION  AG  has  decided,  with  the  
consent  of  the Supervisory Board, to repurchase up  to  a  further 
968,368  of  the  Company's shares - which represents 2 percent of 
the Company's  current  share  capital  - via the stock market as  
from  December  4,  2008.  It  is  therefore  partially utilizing the
authorization to this  effect  granted  by  the  Company's  Annual 
Shareholders' Meeting on May 14, 2008, which had authorized it to  
repurchase  a total of up to 10 percent of the Company's current 
share capital. MEDION AG  had repurchased 6 percent of its share 
capital (2,905,104 shares) by  October  2008. When the Company 
repurchases the further tranche of its  shares  via  the  stock 
market in line with its decision, the  price  per  share  paid  by  
the  Company (excluding transaction costs) must not be more than 10 
percent  above  or  below the market price determined for the 
Company's shares on the  respective  trading day by the opening 
auction in the Xetra trading system (or a  similar  successor system)
on the Frankfurt Stock Exchange. A decision on  the  purpose  for  
which the shares repurchased under the Annual  Shareholders'  
Meeting's  authorization are to be utilized will be taken at a later 
date.
The share buyback will  be  executed  by  Commerzbank  AG,  Frankfurt
am  Main, Germany. It is intended that  the  decisions  on  when  the
shares  are  to  be repurchased via the stock market will be taken by
the bank alone and that  these decisions will not be influenced by 
the Company. MEDION AG will  provide  weekly information on the 
progress  of  the  share  buyback  program  on  its  website. Further
details can be found  in  the  Share  Buyback  Program  section  of  
its website at www.medion.com.
Investor Relations
Tel: +49 201 8383 6500
e-Mail:  aktie@medion.com
end of announcement                               euro adhoc

Further inquiry note:

Investor Relations

Tel.: +49-201-8383-6500

e-Mail: aktie@medion.com

Branche: Technology
ISIN: DE0006605009
WKN: 660500
Index: SDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

Weitere Storys: MEDION
Weitere Storys: MEDION