Ad-hoc | 26 July 2002 08:02

BASF AG english

BASF plans to buy back its own shares for Euro500 million Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– BASF plans to buy back its own shares for Euro500 million As previously announced, BASF Aktiengesellschaft is continuing its share buy- back program. According to current plans, Euro500 million is to be used to repurchase shares by the end of the year. With a current share price of Euro36.00 per share (July 25, 2002), this corresponds to 2.4 percent of the company’s market capitalization. The company will start the share buy-back today, July 26, 2002. end of ad-hoc-announcement (c)DGAP 26.07.2002 ——————————————————————————– WKN: 515 100; ISIN: DE0005151005; Index: DAX, EURO STOXX 50 Listed: Amtlicher Markt in Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg, Hannover, München und Stuttgart; London; Paris 260802 Jul 02