Chocoladefabriken Lindt & Sprüngli AG
DGAP-Adhoc: Chocoladefabriken Lindt & Sprüngli AG: Lindt & Sprüngli decides on a share buyback program for own shares and participation certificates in order to reduce capital
Chocoladefabriken Lindt & Sprüngli AG / Key word(s): Share Buyback 03.10.2013 17:39 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- PRESS RELEASE Lindt & Sprüngli decides on a share buyback program for own shares and participation certificates in order to reduce capital Kilchberg, 3 October 2013 - The Board of Directors of Chocoladefabriken Lindt & Sprüngli Aktiengesellschaft has decided at its meeting of 3 October 2013 to execute a new share buyback program for Lindt & Sprüngli registered shares and participation certificates until the end of 2014, given the high cash position, its solid balance and its continuously cash generative business. Shares and PC of up to a maximum of 5% of the total share/PC capital currently recorded in the commercial register will be repurchased via separate trading lines on SIX Swiss Exchange, less Swiss withholding tax, and subsequently be retired by means of a capital reduction. Based on the closing price of Lindt & Sprüngli registered shares and PCs on 3 October 2013, the value of the shares/PCs to be bought back is approximately CHF 450 million. It is planned to start the buyback end of October 2013. Lindt & Sprüngli will continue to pursue its present dividend policy. Further details available on our webpage www.lindt.com - investors - shares & capital. Chocoladefabriken Lindt & Sprüngli AG is the worldwide leader in the premium chocolate segment and was founded more than 165 years ago in Zurich. Lindt & Sprüngli quality chocolate is manufactured in eight own production facilities in Europe and the US and is sold by 20 own subsidiaries as well as a widespread network of independent distributors around the world. The Lindt & Sprüngli Group employs around 8100 people and achieved sales of 2.67 billion Swiss francs in 2012. Contact: Investor Relations Contact: Media Relations Chocoladefabriken Lindt & Sprüngli AG Chocoladefabriken Lindt & Sprüngli AG Dieter Weisskopf, CFO Sylvia Kälin, Corp. Communications Tel.: +41 44 716 25 37 Tel. +41 44 716 24 56 Investors@lindt.com Mediarelations-in@lindt.com 03.10.2013 News transmitted by EQS Schweiz AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news --------------------------------------------------------------------------- Language: English Company: Chocoladefabriken Lindt & Sprüngli AG Seestrasse 204 8802 Kilchberg Switzerland Phone: + 41 44 716 25 37 Fax: + 41 44 716 26 60 E-mail: zdrozd@lindt.com Internet: www.lindt.com ISIN: CH0010570759, CH0010570767 Valor: 1057075, 1057076 Listed: SIX End of Announcement EQS Group News-Service ---------------------------------------------------------------------------