Management Board Decides to Buy Back up to Five Percent of Company’s Shares
11/08/2005
The Management Board of Heidelberger Druckmaschinen
Aktiengesellschaft today decided to initiate a share buyback
program. Between November 9, 2005 and January 19, 2007 at the
latest, the company intends to acquire shares amounting to up to
five percent of its capital stock (up to 4,295,424 shares).
The repurchased shares are earmarked for capital retirement and employee share participation programs.
Notification of transactions will be provided in accordance with the EC Regulation, and Heidelberger Druckmaschinen Aktiengesellschaft will provide regular updates on the progress of the share buyback program at www.heidelberg.com .
Shares will be repurchased exclusively through the stock exchange.
For further information:
Heidelberger Druckmaschinen AG
Corporate Communications
Thomas Fichtl
Tel.: +49 (0)6221 92 47 47
Cellphone: +49 (0)173 318 69 47
E-Mail: thomas.fichtl@heidelberg.com
The repurchased shares are earmarked for capital retirement and employee share participation programs.
Notification of transactions will be provided in accordance with the EC Regulation, and Heidelberger Druckmaschinen Aktiengesellschaft will provide regular updates on the progress of the share buyback program at www.heidelberg.com .
Shares will be repurchased exclusively through the stock exchange.
For further information:
Heidelberger Druckmaschinen AG
Corporate Communications
Thomas Fichtl
Tel.: +49 (0)6221 92 47 47
Cellphone: +49 (0)173 318 69 47
E-Mail: thomas.fichtl@heidelberg.com
Company Profile
Over the course of its more than 150-year history, Heidelberg has grown from a traditional printing press manufacturer to become the world's largest solutions provider for the print media industry. With its seamlessly integrated hardware and software solutions, it has established a commanding lead over other market players. Heidelberg is a one-stop supplier of everything from prepress solutions to a wide range of products for printing and finishing processes, relevant training and accompanying services. More
