Business News

Continuance the acquisition of treasury shares

Wednesday 12. March 2008 - Board of Management of technotrans AG passes resolution to continue the acquisition of treasury shares.

The Board of Management of technotrans AG, Sassenberg, today passed a resolution to continue to acquire treasury shares representing up to five percent of the share capital. The shares will be repurchased via the stock market. Pursuant to the authorisation by the Shareholders’ Meeting of May 11, 2007 the repurchased shares may be resold via the stock market at a later date; they may also be used to acquire or invest in other companies, or may be retired. No decision on the latter has yet been reached.