Turbon AG / Key word(s): Share Buyback
25.11.2010 10:13
Dissemination 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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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 131,634 units of Turbon AG shares
at a bid price of EUR 6.80 per share. As a result, the Executive Board is
exercising its power to acquire own shares granted by the extraordinary
shareholders' meeting of September 9, 2010; the shares bought back can be
used for all purposes provided for in the resolution of empowerment.
The offering period will begin on Wednesday, December 01, 2010 and end on
Thursday, December 16, 2010 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 http:/www.turbon.de on November 29, 2010.
Hattingen, November 25, 2010
Turbon AG
25.11.2010 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: 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: http://www.turbon.de
ISIN: DE0007504508
WKN: 750450
Listed: Regulierter Markt in Frankfurt (General Standard),
Düsseldorf; Freiverkehr in Hamburg, München, Berlin,
Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: Turbon AG: Public share buyback offer
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