DGAP-News: Franconofurt AG / Key word(s): Share Buyback
Franconofurt AG: 300.000 shares bought back
30.08.2011 / 12:29
---------------------------------------------------------------------
Franconofurt AG notifies that 300.000 Franconofurt shares have been bought
back in the framework of the current share buy-back program. The average
acquisition price was below the German GAAP book value per share. The
number of shares bought back amounts to 3.9% of current outstanding shares.
It is planned to cancel the acquired shares in the next weeks so that the
total number of outstanding shares will be 7.4 million.
End of Corporate News
---------------------------------------------------------------------
30.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Franconofurt AG
Rossmarkt 11
60311 Frankfurt am Main
Germany
Phone: +49 (0)69 920 374 100
Fax: +49 (0)69 920 374 101
E-mail: sen@franconofurt.de
Internet: http://www.franconofurt.de
ISIN: DE0006372626
WKN: 637262
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart; Entry Standard in Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
137473 30.08.2011
DGAP-News: Franconofurt AG: 300.000 shares bought back
| Source: EQS Group AG