centrotherm photovoltaics concludes current share repurchase program
Blaubeuren (euro adhoc) -
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shares
July 24, 2008 - centrotherm photovoltaics AG has concluded the share repurchase program, which it started on July 3, 2008, on schedule. The program entailed the repurchase of up to 156,000 shares.
A total of 156,000 shares were repurchased at an average price of EUR 50,86 per share on the basis of the resolution of the Shareholders' General Meeting of June 11, 2008. This is equivalent to 1 % of the share capital. The repurchase was conducted for the purpose of using the shares as payment for the acquisition of the minority stake in GP Solar GmbH, which occurred in April 2008. It is intended that the shares will be transferred to Dr. Peter Fath, Managing Director of GP Solar and Management Board member responsible for technology at centrotherm photovoltaics AG, over the course of the coming days.
Further information about the share repurchase program can be found at www.centrotherm-pv.de in the Investor Relations area.
end of announcement euro adhoc
Further inquiry note:
Company contact:
Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 (0) 7344 918-8890
saskia.schultz-ebert@centrotherm.de
Press contact:
Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations
Tel: +49 40 3690 50-58 /-31
c.siebels@hoschke.de; g.pauli@hoschke.de
Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard