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Share buyback to facilitate issue of shares to employees
The Board of Management of Hornbach-Baumarkt-AG, based in Bornheim/Pfalz,
ISIN DE0006084403, resolved on July 16, 2006 to acquire up to 20,000 own
shares pursuant to Section 71 (1) No. 2 of the German Stock Corporation Act
(AktG). The shares are to be acquired for the annual issue of shares to
employees scheduled to take place at the end of 2007.
The buyback of shares on the basis of this management board resolution is
to be undertaken in accordance with the safe harbor regulations set out in
Section 20a (3) of the German Securities Trading Act (WpHG) in conjunction
with Regulation (EC) No. 2273/2003 of the European Commission dated
December 22, 2003.
HORNBACH-Baumarkt-AG hereby announces that the acquisition of treasury
stock for the purpose of issuing employee shares was completed on
December 3, 2007. The number of shares amounted to a total of 10,617.
Further information can be found here:
Announcement accompanying resolution adopted by Board of Management of HORNBACH-Baumarkt-AG in respect of the share buyback
Ad-hoc announcement in respect of the share buyback
Share buyback: overview of daily turnover
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