init innovation in traffic systems AG

euro adhoc: init innovation in traffic systems AG
init decides share buy-back

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------@@end@@


The managing board of init innovation in traffic systems AG has decided in accordance with the resolution of the general meeting of May 27, 2008, topic 6 of the agenda to repurchase up to 20,000 own shares (pursuant to § 71 (1.8) AktG). The purchase price per share should not exceed 7.00 EUR.

The repurchased shares are to be used for existing and future employee share schemes and/or as acquisition currency.

It is planned to transact the buy-back during the period from September 19, 2008 to January 31, 2009.

@@start.t2@@end of announcement                                                 euro adhoc

ots Originaltext: init innovation in traffic systems AG
Im Internet recherchierbar:

Further inquiry note:
Alexandra Weiß
Investor Relations
Telefon:  +49(0)721 6100-102

Branche: Semiconductors & active components
ISIN:      DE0005759807
WKN:        575980
Index:    CDAX, Prime All Share, Technologie All Share
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 Meldungen: init innovation in traffic systems AG

Das könnte Sie auch interessieren: