Alle Storys
Folgen
Keine Story von Basler AG mehr verpassen.

Basler AG

EANS-Adhoc: Basler AG
Resolution adopted about buying additional own shares

--------------------------------------------------------------------------------
  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
--------------------------------------------------------------------------------
Buybacks
19.03.2013


Ahrensburg, March 19, 2013. Basler AG will buy back additional bearer shares
with an equivalent value of up to EUR 1 million via the stock market. The
Management Board of the company together with the Supervisory Board has decided
today to take this action. The buyback will be carried out starting on March 20,
2013, extending the two buyback programs completed in 2012 which had an overall
volume of EUR 2.0 million.

The general meeting of May 18, 2010, authorized the company to buy back own
shares amounting to a total of up to 10 % of the share capital of the
corporation existing at the time the resolution was adopted. The authorization
is approved through May 18, 2015. The shares can be used for all purposes
provided for in the authorization of the general meeting of May 18, 2010. When
acquiring own shares via the stock exchange, the price paid per share (without
considering incidental purchase costs) must not differ by more than 10 % from
the share price of the company for shares with same conditions as determined on
the trading day by the opening auction day for XETRA trade on the Frankfurt
stock exchange.

The buyback will be carried out through a credit institution that will decide
upon the time of the individual buybacks independently of Basler AG according to
Commission Regulation (EC) No 2273/2003 of December 22, 2003.
 

The credit institution is obligated to adhere to the trading conditions set out
in article 5 of the Commission Regulation (EC) No 2273/2003. In terms of volume
in particular, a total of 50 % of the average daily volume of the shares on the
stock market on which the purchase is carried out must not be exceeded. The
average daily volume figure is based on the average daily volume traded in the
20 days preceding the date of purchase.


Further inquiry note:
Verena Fehling
Investor Relations
Telefon: +49(0)4102 463-101
E-Mail:  ir@baslerweb.com

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


issuer:      Basler AG
             An der Strusbek 60-62
             D-22926 Ahrensburg
phone:       +49 (0) 4102 463 0
FAX:         +49 (0) 4102 463 108
mail:         info@baslerweb.com
WWW:         http://www.baslerweb.com
sector:      Semiconductors & active components
ISIN:        DE0005102008
indexes:     CDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English

Original-Content von: Basler AG, übermittelt durch news aktuell

Weitere Storys: Basler AG
Weitere Storys: Basler AG