PresseBox
Pressemitteilung BoxID: 583426 (PNE AG)
  • PNE AG
  • Peter-Henlein-Str. 2-4
  • 27472 Cuxhaven
  • http://www.pnewind.com
  • Ansprechpartner
  • Janis Fischer
  • +49 (611) 205855-64

PNE WIND AG completes share buyback programme

(PresseBox) (Cuxhaven, ) PNE WIND AG has completed the share buyback programme resolved in December 2012. A total of 4,126,700 PNE WIND AG shares were bought back at an average share price of EUR 2.60 within the framework of the share buyback programme until today. This is equivalent to a share of about 9 percent of the company's current share capital. The company's Board of Directors has thus fully exploited the shareholders meeting's resolution dated 14th May 2009 authorising it to buy back up to 4,126,700 of the company's own shares.

The shares bought back can be used for all of the purposes foreseen in the shareholders meeting's authorisation resolution. In particular this also includes the sale of shares in return for a payment in the region of the stock exchange price (e.g. by way of a reallocation of shares to selected investors) and the use of the shares as acquisition funding for the purchase of companies or investments in companies.

The transactions concluded within the framework of the buyback have been published in the Investor Relations area of the company's website (www.pnewind.com).