Ad-hoc | 24 July 2001 07:31

Cancom IT Systeme AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– CANCOM IT Systeme AG (German security. code (WKN) : 541 910) resolves buyback of up to 50,000 shares The Executive Board of CANCOM IT Systeme AG has resolved, with the approval of the Supervisory Board, to buy back up to 50,000 shares of its own stock. The Annual General Meeting of CANCOM IT Systeme AG on July 17, 2001 authorized the buyback. The buyback is limited to the period until December 30, 2001 and will be undertaken on the stock market. The price paid by the company per share may not be more than 10 percent over or under the opening price determined on the trading day in Xetra trading at the Frankfurt Stock Exchange. The Executive Board will use the repurchased shares for the acquisition of participations. For more information, please contact our IR department IR@cancom.de Phone +49 (0) 8225 99651 Fax +49 (0) 8225 99633 end of ad hoc announcement (c) DGAP 24.07.2001 ——————————————————————————– WKN: 541910 ; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 240731 Jul 01