Fuchs Petrolub AG / Share Buyback/Share Buyback
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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FUCHS PETROLUB ends share buyback program
On April 30, 2008 FUCHS PETROLUB AG ended the buyback of ordinary and
preference shares authorized by the Annual General Meeting on May 2, 2007.
A total of 564,000 ordinary shares have been acquired at an average share
price of €62.65 and 564,000 preference shares at an average share price of
€62.36. €70.5 million has been spent in total for 4.35% of the company's
share capital. All the shares are held by the company for redemption
purposes only.
A new proposal for resolution regarding a share buyback program will be
submitted for approval at the company's Annual General Meeting, which takes
place on May 6, 2008. After approval of the shareholders and the
supervisory board, the buyback of shares is to commence immediately in
accordance with this new authorization. The company will buy back these
shares for redemption purposes only. This measure is intended to reduce the
company's share capital by a total of 10%.
Mannheim, April 30, 2008
FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Phone: ++49 (0) 621 3802 – 105
The ad hoc message can also be found on the Internet at
http://www.fuchs-oil.com.
Important note
This ad hoc message contains statements about future development that are
based on assumptions and estimates by the management of FUCHS PETROLUB AG.
Even if the management is of the opinion that these assumptions and
estimates are accurate, future actual developments and future actual
results may differ significantly from these assumptions and estimates due
to a variety of factors. These factors can include changes to the overall
economic climate, changes to exchange rates and interest rates and changes
in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that
future developments and the results actually achieved in the future will
agree with the assumptions and estimates set out in this ad hoc message and
assumes no liability for such.
30.04.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Fuchs Petrolub AG
Friesenheimer Str. 17
68169 Mannheim
Deutschland
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-190
E-mail: contact-de.fpoc@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790406, DE0005790430
WKN: 579040, 579043
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of News DGAP News-Service
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