Transaction in Own Shares • Oct 11, 2007
Transaction in Own Shares
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News Details
Ad-hoc | 11 October 2007 14:55
MLP AG: MLP to buy back more shares
MLP AG / Share Buyback
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
MLP to buy back more shares
Wiesloch, 11th October 2007 – MLP AG continues its share buyback programme.
Following the resolution adopted at the ordinary Annual General Meeting
(AGM) on 31st May 2007, the financial services company will be purchasing a
maximum of 1.8 percent of share capital as from 8th November onwards, that
is, up to a maximum of 2,015,031 shares. This equates to a volume of some
EUR 22 million at the current share price. MLP had already repurchased 8.2
percent of the share capital by December 2006 based on the authorisation
approved by the AGM on 21st June 2005 which was then later replaced by
authorisation approved by the AGM on 31st May 2006.
The major part of the buyback programme will be managed by an investment
bank. The purchase price paid per share by MLP AG may not exceed or fall
below the average share price during the three trading days preceding the
obligation to purchase by more than ten percent. Please visit the MLP
website under 'Investor Relations' for further details.
Jan Berg
Alte Heerstraße 40, 69168 Wiesloch
Tel.: +49 (0) 62 22-308-4595
Fax: +49 (0) 62 22-308-1131
E-Mail: [email protected]
Language: English
Issuer: MLP AG
Alte Heerstraße 40
69168 Wiesloch
Deutschland
Phone: +49 (0)6222-308-0
Fax: +49 (0)6222-308-8351
E-mail: [email protected]
Internet: www.mlp.de
ISIN: DE0006569908
WKN: 656990
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg,
München; Terminbörse EUREX
End of News DGAP News-Service
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