Share buy-back

Authorization for the Repurchase of own shares persuant to article 71 (1.8) AktG (German Stock Corporation Act) and sale with the exclusion of subscription

Persuant to the resolution of the Annual General Meeting of 13 May 2015, the Board of Directors is authorized to repurchase own shares amounting to up to 10 % of the capital stock (which currently corresponds to up to 1,004,000 shares) by 12 May 2020.

The purchase price per share (excluding transaction expenses) to be paid by the company must not exceed or fall short of the average closing price of the share of the company in the XETRA trading system of the Frankfurt Stock Exchange (or a comparable successor system) for the five trading days preceding the purchase transaction by more than 10 %.

Detailed information share buy-back program February/March 2016

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Detailed information share buy-back program January/February 2016

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Detailed information share buy-back program November 2015

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Detailed information share buy-back program September 2015

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Detailed information share buy-back program March 2015

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Detailed information share buy-back program September 2014

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Detailed information share buy-back program November 2013

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Detailed information share buy-back program February 2012

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Detailed information third share buy-back program November 2011

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Detailed information second share buy-back program September 2011

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Detailed information first share buy-back program August 2011

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