7. Authorisation of the Management Board to repurchase shares
on behalf of the Company
Voting item:
It is proposed to authorize the Management Board, with approval of the Supervisory Board, to
repurchase up to 50% of the Company's issued share capital on behalf of the Company for a
period of 18 months starting the day this resolution is adopted by the General Meeting of
Shareholders of the Company, against a repurchase price between, on the one hand, the
nominal value of the shares concerned and, on the other hand, an amount of 110% of the
highest price of the class B shares officially quoted on any of the official stock markets the
Company is listed on any of thirty banking days preceding the date the repurchase is effected or
proposed.
This authorisation will allow the Management Board, subject to prior Supervisory Board
approval, to be flexible and to react quickly, if and when deemed appropriate. The authorisation
can be used for any and all purposes, subject only to statutory limitations. -----------
Nur meine Meinung, keine Kauf-/ Verkaufsempfehlung !
“Es hört doch nur jeder, was er versteht.” |
