euro adhoc: centrotherm photovoltaics AG
Buybacks
centrotherm photovoltaics
starts share repurchase
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Buybacks
03.07.2008
centrotherm photovoltaics starts share repurchase
- Share repurchase of up to 156,000 shares - Purpose: Payment for the acquisition of the minority stake in GP Solar - Share repurchase shall be concluded by December 31, 2008
Blaubeuren, July 3, 2008 - The Management Board of centrotherm photovoltaics AG has passed a resolution concerning the execution of a share repurchase of up to 156,000 shares. This corresponds to almost one percent of the current issued share capital of the provider of technology and services for the manufacturing of solar cells and solar silicon.
The share repurchase can be commenced immediately on the basis of the resolution of the Shareholders' General Meeting of June 11, 2008. The repurchased shares will be used as payment for the acquisition of the minority stake in GP Solar GmbH, which occurred in April 2008.
It is intended that the share repurchase will be concluded by December 31, 2008.
end of announcement euro adhoc
Further inquiry note:
Company contact:
Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 7344 918-8890
E-mail: saskia.schultz-ebert@centrotherm.de
Press contact:
Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 36 90 50-58 /-31
E-mail: c.siebels@hoschke.de; g.pauli@hoschke.de
Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard