Heidelberg Presents Figures for First Six Months of Financial Year
Second share buyback program launched for up to five percent of share capital
The share buyback program initiated last week by the Management Board to repurchase up to five percent of the company’s share capital (up to 4,152,535 shares) starts today and will run till January 19, 2008 at the latest. In initiating the program, the Management Board drew upon the relevant authorization granted by the Annual General Meeting on July 20, 2006. The repurchased shares are earmarked for cancellation or for use in employee share participation programs.
“The ongoing improvement in our financial strength enables us to start a further share buyback program,” stated CFO Dirk Kaliebe. “This will allow us to further optimize Heidelberg’s financial structure.”
The complete report for the first half of 2006/2007 will be available online at www.heidelberg.com from 9.00 a.m. onwards.
The tables showing the figures can be downloaded from the Press Lounge at www.heidelberg.com.