CyBio AG
CyBio AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc Publicity in accordance with § 15 WpHG German Securities Trading Act
CyBio Aktiengesellschaft initiates stock buyback program
Jena, August 21, 2001. The Management Board of CyBio Aktiengesellschaft (Neuer
Markt, Securities Identification No. 541230) has resolved to make use of the
authorization to buy back the Company’s shares granted by the General
Shareholders’ Meeting on June 1, 2001.
Up to 400,000 of the Company’s shares can be bought back under this
authorization. CyBio AG is prepared to buy back the full amount under current
market conditons.
The buyback of shares will take current market developments into account. The
consideration paid by the Company may not be more than 10% above or below the
closing price for CyBio shares in Xetra trading on the Frankfurt Stock Exchange
on the trading day preceding the buyback.
CyBio AG is using the planned buyback to underscore its constant efforts to
actively raise shareholder value. It hopes this action will signal to the market
that the current price of the CyBio AG stock does not reflect a fair valuation
of the Company.
Contact:
CyBio AG
Cornelia Todt (IR/PR)
Göschwitzer Str. 40
07745 Jena
Tel.: +49 (0)3641 / 35 14 25
Fax: +49 (0)3641 / 35 13 60
E-mail: cornelia.todt@cybio-ag.com
www.cybio-ag.com
end of ad hoc announcement (c) DGAP 21.08.2001
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WKN: 541230; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
210757 Aug 01
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