Eckert & Ziegler: Stock Buy Back Programme Approved
Eckert & Ziegler Strahlen- und Medizintechnik AG / Share Buyback
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Berlin, 29.5.2009 - Based on the authorisation granted by the Annual General Meeting of Shareholders on May 20, 2009, the Board of Directors of Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700) approved today a programme to buy back shares via the stock exchange. First of all the buy-back shall be limited in time until August 31, 2009.
Information and Explaination of the Issuer to this News:
Authorised by the law in force the company could own up to 10% of the common stock, thus 387,863 shares. Currently Eckert & Ziegler owns 105,585 own shares. Therefore up to 282,278 shares can be bought in addition. The purchase price per share paid by the company has to be between -25% and +10% of the average closing rate of the company's share observed at XETRA for the five days prior to the respective day of trading. The usage of the own shares follows the conditions of 7.2) in the agenda of the Annual General Meeting of Shareholders on May 20, 2009.
The buy-back will be executed by a german credit institution which makes its decisions regarding timing and volume of the purchases independently of, and not influenced by, Eckert & Ziegler AG. The company informs regularly about the progress of the buy-back on its website www.ezag.com.
Eckert & Ziegler AG, Karolin Riehle, Investor Relations Robert-Rössle-Str. 10, D-13125 Berlin
Tel.: +49 (0) 30 / 94 10 84-138, Fax -112
E-Mail: karolin.riehle@ezag.de, www.ezag.de
29.05.2009 Financial News transmitted by DGAP
Language: English
Issuer: Eckert & Ziegler Strahlen- und Medizintechnik AG Robert-Rössle-Str.10
13125 Berlin
Deutschland
Phone: 49 30 941084138
Fax: 49 30 941084112
E-mail: karolin.riehle@ezag.de
Internet: www.ezag.de
ISIN: DE0005659700, ISIN DE0005659700
WKN: 565970, ISIN DE000A0L1L69
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, München, Hamburg, Düsseldorf
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