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14.07.2008
ThyssenKrupp AG / Share Buyback
14.07.2008
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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THYSSENKRUPP TO BUY BACK SHARES UP TO A TOTAL OF 2% OF CAPITAL STOCK
On the basis of the authorization granted by the Annual General Meeting on
January 18, 2008, the Executive Board of ThyssenKrupp AG resolved on July
14, 2008 to purchase on the stock market up to 10,500,000 shares of the
Company, representing around 2% of the capital stock. The purchase price
paid per share (excluding incidental purchase costs) may not be more than
5% higher or lower than the Company's share price determined by the opening
auction in the Xetra trading system on the day of trading.
The buyback is to be handled independently and uninfluenced by the Company
by an appointed bank in compliance with the safe-harbor provisions.
On completion of the buyback, together with the shares repurchased in
summer 2006 and spring 2008 ThyssenKrupp AG will hold around 10% of the
Company's shares which it can use as an acquisition currency, in particular
for strategic acquisitions.
Please address questions to Dr. Jürgen Claassen (Communications and
Strategy, tel. +49 211/824-36001) and Dr. Claus Ehrenbeck (Investor
Relations, tel. +49 211/824-36464).
http://www.thyssenkrupp.com
14.07.2008 Financial News transmitted by DGAP
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Language: English
Issuer: ThyssenKrupp AG
August-Thyssen-Str. 1
40211 Düsseldorf
Deutschland
Phone: +49-(0)211-824-1
Fax: +49-(0)211-824-36000
E-mail: info@thyssenkrupp.com
Internet: www.thyssenkrupp.com
ISIN: DE0007500001
WKN: 750000
Indices: DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Hannover, München, Hamburg, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) London
Weitere Informationen im Internet unter Investor Relations: Anleihen / Creditor Relations, Further information can be found on our website under Investor Relations: Bonds / Creditor Relations
End of News DGAP News-Service
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ThyssenKrupp AG / Share Buyback
14.07.2008
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.
=--------------------------------------------------------------------------
THYSSENKRUPP TO BUY BACK SHARES UP TO A TOTAL OF 2% OF CAPITAL STOCK
On the basis of the authorization granted by the Annual General Meeting on
January 18, 2008, the Executive Board of ThyssenKrupp AG resolved on July
14, 2008 to purchase on the stock market up to 10,500,000 shares of the
Company, representing around 2% of the capital stock. The purchase price
paid per share (excluding incidental purchase costs) may not be more than
5% higher or lower than the Company's share price determined by the opening
auction in the Xetra trading system on the day of trading.
The buyback is to be handled independently and uninfluenced by the Company
by an appointed bank in compliance with the safe-harbor provisions.
On completion of the buyback, together with the shares repurchased in
summer 2006 and spring 2008 ThyssenKrupp AG will hold around 10% of the
Company's shares which it can use as an acquisition currency, in particular
for strategic acquisitions.
Please address questions to Dr. Jürgen Claassen (Communications and
Strategy, tel. +49 211/824-36001) and Dr. Claus Ehrenbeck (Investor
Relations, tel. +49 211/824-36464).
http://www.thyssenkrupp.com
14.07.2008 Financial News transmitted by DGAP
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Language: English
Issuer: ThyssenKrupp AG
August-Thyssen-Str. 1
40211 Düsseldorf
Deutschland
Phone: +49-(0)211-824-1
Fax: +49-(0)211-824-36000
E-mail: info@thyssenkrupp.com
Internet: www.thyssenkrupp.com
ISIN: DE0007500001
WKN: 750000
Indices: DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Hannover, München, Hamburg, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) London
Weitere Informationen im Internet unter Investor Relations: Anleihen / Creditor Relations, Further information can be found on our website under Investor Relations: Bonds / Creditor Relations
End of News DGAP News-Service
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