WINCOR NIXDORF Aktiengesellschaft
euro adhoc: WINCOR NIXDORF Aktiengesellschaft
Buybacks
Wincor Nixdorf AG:
Share buyback to service share-based payment program
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
15.03.2007
Paderborn, March 15, 2007. On March 14, 2007, the Board of Directors of Wincor Nixdorf AG passed a resolution for the repurchase, as from March 15, 2007, of up to 185,000 of the company's shares via the stock exchange. In doing so, the Board of Directors availed itself of the authorization granted by the Annual General Meeting of Shareholders on January 29, 2007.
Due to the capital increase through issuance of new shares in a ratio of 1:1, as also approved at the Annual General Meeting of Shareholders, the number of shares to be repurchased will rise to 370,000. The capital increase came into effect upon entry in the Commercial Register. The issuance of new shares (bonus shares) is expected to take place on March 22, 2007.
In the case of the approved repurchase of shares by the company, the purchase price per share (excluding ancillary costs of purchase) shall deviate by no more than 5% in either direction from the average share price at the closing auction of XETRA trading on the Frankfurt Stock Exchange for the final 10 trading days prior to the purchase of the shares.
The shares to be repurchased are to be used for the purpose of settling obligations arising from share options already issued or to be issued to members of the Board of Directors, other managers or staff members.
end of announcement euro adhoc 15.03.2007 07:28:18
Further inquiry note:
Pia-Maria Görner
Tel.: +49 (0) 5152 693 5214
E-Mail: pia-maria.goerner@wincor-nixdorf.com
Branche: Computing & Information Technology
ISIN: DE000A0CAYB2
WKN: A0CAYB
Index: Prime All Share
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