Heidelberg Management Board Decides to Buy Back up to Five Percent of the Company’s Shares
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Heidelberger Druckmaschinen Aktiengesellschaft has instructed the financial institution repurchasing the shares to comply with the terms of trade detailed in Article 5 of Commission Regulation (EC) No. 2273/2003 of December 22, 2003. In particular, it may not buy back more than 25 percent of the average trading volume for a given day. The company will not acquire shares at a price above that of the last independent transaction or (if this is higher) above that of the highest current independent bid price at the trading platform where the buyback is made.
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