Atevia AG
ComBOTS AG: ComBOTS AG resumes Share Buyback Program
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
——————————————————————————
Karlsruhe/Germany, October 13, 2006. The Executive Board of ComBOTS AG
(ISIN: DE000CMBT111), Karlsruhe, has decided to resume the share buyback
program on the basis of the authorization granted by the Annual General
Meeting on July 13, 2006. The buyback will commence on Monday, October 16,
2006. Shares will be bought back over the stock exchange only. Pursuant to
the authorization, ComBOTS AG may buy back up to 3.8 million shares,
representing just under 10 percent of the issued share capital, until
January 12, 2008. The company already holds 2.72 million own shares from
earlier share buy back programs.
The Executive Board sees this measure, like before, as a contribution
towards increasing the shareholder value for all ComBOTS shareholders. The
company will publish the transactions under the share buyback program
according to Regulation (EC) No. 2273/2003 on its website www.combots.com
—————————————————————————
Information and Explaination of the Issuer to this News:
Executing the program, the purchase price paid per share (excluding
transaction costs) must not exceed the arithmetic mean of the XETRA closing
prices on the four exchange trading days preceding the respective
acquisition of own shares by more than 10 percent, or fall short of such
mean by more than 20 percent.
The Executive Board is authorized to sell the shares which were bought back
under this share buy back program as well as the own shares already held
over the stock exchange or, subject to the principle of equal treatment, by
means of an offer for sale to all existing shareholders. The Executive
Board is also authorized, subject to approval of the Supervisory Board, to
use all shares bought back for the acquisition of companies or to grant
them to employees or members of the Executive Board of the company or its
affiliated companies who are entitled to receive such shares pursuant to
share options granted under the existing share option program. Pursuant to
the authorisation, the bought back shares may also be used for other
purposes, provided the issue price does not fall materially short of the
then existing stock exchange price, or may be cancelled.
Contact:
Investor Relations:
Achim Schneider
Tel. +49 721 5160 2700
investor.relations@combots.com
Public Relations:
Oliver Schwartz
Tel. +49 721 5160 2221
public.relations@combots.com
(c)DGAP 13.10.2006
—————————————————————————
Language: English
Issuer: ComBOTS AG
Amalienbadstr. 41
76227 Karlsruhe Deutschland
Phone: +49 721 5160 0
Fax: +49 721 5160 2702
E-mail: investor.relations@combots.com
WWW: www.combots.com
ISIN: DE000CMBT111
WKN: CMBT11
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
—————————————————————————
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden