Share buyback
According to the resolutions of the Annual General Meetings held on June 14, 2007, and May 9, 2008, the company is authorized pursuant to § 71 (1) No. 8 of the German Companies Act to acquire treasury shares amounting to a maximum of 10 percent of the current share capital.
Within the framework of the share buyback program, some 838,552 treasury shares were bought back in the period from July 20, 2007, up to and including November 24, at an average price of EUR 14.52 per share and a total value of EUR 12,204 thousand. Added to this are 4,999 shares held by AUGUSTA prior to the start of the share buyback program. AUGUSTA thus currently holds a total of 843,551 treasury shares, which represents around 10 percent of the share capital.
