Business News
Heidelberg Withdraws 1,684,611 Shares
Tuesday 01. April 2008 - On March 11, 2008 the Management Board of Heidelberger Druckmaschinen AG (Heidelberg) decided to withdraw 1,684,611 no-par bearer shares (2.1 percent of outstanding shares) by means of a simplified capital retirement process in compliance with the Stock Corporation Act, Section 71 para. 1 no. 8 sentence 6.
The Management Board was authorized accordingly by the Annual General Meetings of July 20, 2006 and July 26, 2007. The Supervisory Board agreed with this measure during its board meeting on March 31, 2008.
The companys capital stock now amounts to 199,791,191.04 Euro and is divided into 78,043,434 no-par bearer shares.