Ad-hoc | 12 March 2007 19:02
CANCOM IT Systeme 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.
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Executive Board of CANCOM IT Systeme AG decides to launch share buy-back
programme
Jettingen-Scheppach, Germany, 12 March 2007
With the agreement of its Supervisory Board, the Executive Board of CANCOM
IT Systeme AG today passed a resolution to buy back up to 200,000 of its
own shares.
The corporate action was authorised by resolution of the company’s Annual
General Meeting on 28 June 2006. The buy-back process is limited until 31
December 2007, and the shares will be bought on the stock exchange. The
price per share paid by the company is not allowed to exceed or undercut by
more than 5 percent the opening price fixed through the Xetra trading
system on the trading day.
The Executive Board plans to use the repurchased shares for possible future
company combinations and mergers, or for acquisition of companies, parts of
companies or equity investments.
Please address any queries to:
CANCOM IT Systeme AG
Armin Blohmann
Investor & Public Relations
Messerschmittstrasse 20
89343 Jettingen-Scheppach
Germany
phone: +49 (0)8225 996 1051
fax: +49 (0)8225 996 4 1051
email: armin.blohmann@cancom.de
DGAP 12.03.2007
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Language: English
Issuer: CANCOM IT Systeme AG
Messerschmittstraße 20
89343 Jettingen-Scheppach Deutschland
Phone: +49 (0)82 259 96-1000
Fax: +49 (0)82 259 96-41051
E-mail: ir@cancom.de
www: www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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