EANS-News: STRABAG SE
STRABAG SE share buy-back
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Buybacks Wien (euro adhoc) - The 7th Annual General Meeting of STRABAG SE (the "Company") held on 10 June 2011 authorised the management board of the Company to buy back own shares in accordance with Section 65 Paragraph 1 No. 8 of the Austrian Stock Corporation Act (AktG) to the extent of up to 10 % of the share capital of the Company during a period of 13 months from the day of the resolution, i.e. until 10 July 2012. In accordance with the authorisation granted by the Annual General Meeting of the Company, the share acquisition can occur on the stock market or over the counter, with approval of the supervisory board required for over-the-counter purchases. The management board with the consent of the supervisory board has resolved to make use of this authorisation as follows. The decision has been disclosed in accordance with Section 48d Paragraph 1 of the Austrian Stock Exchange Act on 10 June 2011. Now, the share acquisition shall start on 14 July 2011. According to Section 5 Paragraph 1 Austrian Publication Ordinance the Company therefore announces the following: Conditions of the share buy-back Start and anticipated duration: from 16 June 2011 through 10 July 2012 Share class: Common shares (ISIN AT000000STR1) Volume: up to 10 % of the share capital of the Company, i.e. up to a maximum of 11,400,000 shares Purchase price: from EUR 1.00 (including this amount) to EUR 27.115 (including this amount) Purchase method: on the stock market and possibly over the counter (OTC) Purpose: to any purpose allowed by Section 65 Paragraph 1 No. 8 of the Austrian Stock Corporation Act (AktG), especially for the purpose of using own shares as cash for growth Day of resolution: 10 June 2011 Day and type of publication of resolution: the publication has occured on 10 June 2011 in accordance with Section 82 Para. 8 of the Austrian Stock Exchange Act (BörseG) The public announcements according to Sections 6 and 7 of the Austrian Publication Ordinance will be made on the Company´s website www.strabag.com. Further inquiry note: STRABAG SE Diana Klein, CFA Head of Investor Relations Tel: +43-1-22422-1116 diana.klein@strabag.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: STRABAG SE Donau-City-Straße 9 A-1220 Wien phone: +43 1 22422 -0 FAX: +43 1 22422 - 1177 mail: www.strabag.com WWW: investor.relations@strabag.com sector: Construction & Property ISIN: AT000000STR1, AT0000A05HY9 indexes: WBI, ATX Prime, ATX, SATX stockmarkets: official market: Wien language: English
Original content of: STRABAG SE, transmitted by news aktuell