Turbon AG / Share Buyback
20.03.2009
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Turbon AG: Public share buyback offer
The Executive Board of Turbon AG has today, with the consent of the
Supervisory Board, resolved to present a public share buyback offer to the
company's shareholders to acquire up to 250,000 units of Turbon AG shares
at a bid price of EUR 2.70 per share. As a result, the Executive Board is
exercising part of the power to acquire own shares granted by the
extraordinary shareholders' meeting of February 5, 2009; the shares bought
back can be used for all purposes provided for in the resolution of
empowerment.
The offering period will begin on Thursday, March 26, 2009 and end on
Thursday, April 9, 2009 at 12.00 hours CET. The bid documents are to be
published in the electronic federal gazette Bundesanzeiger and on the
company's website under www.turbon.de on March 24, 2009.
Hattingen, March 20, 2009
Turbon AG
DGAP 20.03.2009
---------------------------------------------------------------------------
Language: English
Issuer: Turbon AG
Ruhrdeich 10
45525 Hattingen
Deutschland
Phone: +49 (0)2324 - 504-0
Fax: +49 (0)2324 - 504-156
E-mail: info@turbon.de
Internet: www.turbon.de
ISIN: DE0007504508
WKN: 750450
Listed: Regulierter Markt in Frankfurt (General Standard),
Düsseldorf; Freiverkehr in Berlin, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: Turbon AG: Public share buyback offer
| Source: EQS Group AG