On the basis of the authorization granted by the Annual General Meetings 2007 and 2008, the Executive Board of technotrans AG resolved to purchase up to 690,000 shares of the Company’s capital stock. On June 26, 2008, the buyback was completed at a cost of around € 9.9 million. Pursuant to the authorisation by the Shareholders' Meeting of May 9, 2008 the repurchased shares may be resold via the stock market at a later date; they may also be used to acquire or invest in other companies, they may be distributed to employees or may be retired. No decision on the latter has yet been reached.
Securities: technotrans AG - ISIN DE0007449001 - German Securities Identification No. WKN 744 900