Transaction in Own Shares • Feb 18, 2008
Transaction in Own Shares
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Vienna, February 18, 2008 – A resolution passed by the 138th Annual General Meeting on May 10, 2007 authorized the Managing Board to repurchase up to 10% of the issued capital of Wienerberger AG during a period of 18 months beginning on the date the resolution was passed, in accordance with § 65 Par. 1 Nr. 8 and Par. 1a of the Austrian Stock Corporation Act. This authorization was published on the Wienerberger website on May 10, 2007, in accordance with § 65 Par. 1a of the Austrian Stock Corporation Act.
Authorization to repurchase shares by 138th AGM
Share buyback to start on February 21, 2008
On February 18, 2008 the Managing Board of Wienerberger AG decided to make use of this authorization, and to subsequently repurchase shares for use in the stock option plans. Wienerberger plans to buy back up to 300,000 shares of its own common stock, which represents up to 0.357% of current issued capital totaling 83,947,689 shares, during the period from February 21 to August 20, 2008. The repurchase will be executed at the current market price over the Vienna Stock Exchange, with a maximum of € 108.28 and a minimum of € 1 per share. This treasury stock will be used primarily to serve a stock option model for key managers, in accordance with a resolution passed by the 138th Annual General Meeting.
Any changes to and transactions conducted as part of this share buyback program will be disclosed on the Wienerberger website under www.wienerberger.com in accordance with § 2 Par. 4 of the Austrian disclosure regulations.
For additional information contact: Karin Hofmann, Public Relations T +43 (1)60192-463 | [email protected]
Barbara Braunöck, Investor Relations T +43(1)60192-463 | [email protected] Transactions to be disclosed on website
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