Transaction in Own Shares • Nov 5, 2012
Transaction in Own Shares
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Corporate | 5 November 2012 14:09
QSC AG completes share buy-back
QSC AG / Key word(s): Share Buyback
05.11.2012 / 14:09
QSC AG completes share buy-back
Cologne, November 5, 2012. QSC AG (German Securities ID 513700/ISIN DE0005137004) has completed the share buy-back program on November 5, 2012, which had been resolved by the Management Board on May 11, 2012, and announced on the same day. From May 21, 2012 until November 5, 2012 a total of 13,699,913 treasury shares were bought back via the stock exchange. This corresponds to 9.98% of the current capital stock. The Management Board has thus made full use of the authorization of the General Meeting held on May 20, 2010.
The purchase price was on average EUR 2.117 per QSC share. Altogether the shares were bought back at a total price of EUR 29.0 million (excluding ancillary costs). The repurchased shares will be kept in treasury stock of QSC AG until further notice and shall later be used for one or several of the intended purposes set forth in the authorization resolution of the General Meeting.
The share buy-back was carried out by Joh. Berenberg, Gossler & Co. KG, Hamburg, which decided independently and unaffected by QSC AG on the timing of the individual buy-backs. Information on the transactions pursuant to Article 4 para. 4 of the Regulation (EC) No. 2273/2003 is published on www.qsc.de under ‘Investor Relations’.
Queries to:
QSC AG
Arne Thull
Head of Investor Relations
Phone: +49 221 6698-724
Fax: +49 221 6698-009
E-mail: [email protected]
Internet: www.qsc.de
End of Corporate News
05.11.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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| Language: | English |
| Company: | QSC AG |
| Mathias-Brüggen-Straße 55 | |
| 50829 Köln | |
| Germany | |
| Phone: | +49-221-6698-724 |
| Fax: | +49-221-6698-009 |
| E-mail: | [email protected] |
| Internet: | www.qsc.de |
| ISIN: | DE0005137004 |
| WKN: | 513700 |
| Indices: | TecDAX |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart |
| End of News | DGAP News-Service |
| - - - |
| 191499 05.11.2012 |
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