Heidelberg Management Board Decides to Buy Back up to Five Percent of the Company’s Shares

The repurchased shares are earmarked for capital retirement and employee share participation programs. Additionally, they may be offered for purchase to individuals who either are or were employed in the company or an enterprise affiliated with the company.

General conditions of the share buyback
Shares will be repurchased exclusively through the stock exchange. The price per share (excluding incidental acquisition expenses) paid by Heidelberger Druckmaschinen Aktiengesellschaft must in this program not deviate by more than ten percent in either direction from the share’s average closing price on the XETRA or an equivalent successor system on the Frankfurt Stock Exchange during the last five trading days prior to entering into the purchase commitment.