Ad-hoc | 17 November 2009 18:13
CANCOM IT Systeme AG / Share Buyback
17.11.2009
Dissemination 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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Jettingen-Scheppach, 17th November 2009
The company today decided to buy back up to 400,000 of its own shares
(which is approx. 4 per cent of the share capital) at the stock exchange.
The background to this buyback is the resolution passed at the Annual
General Meeting on 24th June 2009.
With the buyback the business takes advantage of the current cost-effective
price level, in order to be able to use the own shares as cash for growth
at a later date.
The company will report on the transactions and progess of the share
buyback regularly on www.cancom.de/aktienrückkauf.
Contact:
Dr. Johannes Mauser
Vice President
Director Corporate Development
CANCOM IT Systeme AG
Messerschmittstr. 20
89343 Jettingen-Scheppach
Germany
Tel.: +49 (0) 8225 / 996 1272
Fax: +49 (0) 8225 / 996 4 1272
mail to: johannes.mauser@cancom.de
www.cancom.de
17.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CANCOM IT Systeme AG
Messerschmittstr. 20
89343 Jettingen-Scheppach
Deutschland
Phone: +49-(0)8225/996-1000
Fax: +49-(0)8225/996-1033
E-mail: info@cancom.de
Internet: http://www.cancom.de
ISIN: DE0005419105
WKN: 541910
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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