17.05.2018
Muehlhan AG DE000A0KD0F7
DGAP-News: Muehlhan AG: Muehlhan AG resumes share buyback program
DGAP-News: Muehlhan AG / Key word(s): Share Buyback
Muehlhan AG: Muehlhan AG resumes share buyback program
17.05.2018 / 14:45
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
Muehlhan AG resumes share buyback program
Hamburg, May 17, 2018-Muehlhan AG (Open Market; ISIN DE000A0KD0F7) is
resuming its share-buyback program. The company plans to acquire up to
500.000 of treasury shares over the next 12 months. The shares repurchased
under the authorization issued by the Annual General Meeting on 19 May 2015
will be used to support the objectives indicated in the authorization:
- share-based compensation of company employees
- use of shares to pay for acquisitions
The authorization limits the share buyback to a maximum pro-rata amount of
the share capital of EUR1,950,000.00, equivalent to 10% of the existing
share capital of EUR19,500,000.00 as of that date. The authorization may be
exercised directly by the company or by third parties appointed by the
company in whole or in several partial amounts including, in the latter
case, on multiple occasions, within the aforementioned limit.
About Muehlhan: Worldwide, Muehlhan Group is a reliable partner in
industrial services. As one of the few full-service providers, we offer our
customers a broad range of services designed to meet the exacting quality
standards expected in professional industrial services. Our customers
benefit from our exceptional organizational skills, on-time delivery, the
technical expertise that differentiates us from our competitors, and our
more than 130 years of experience. We have an established market presence in
the four business segments in which we operate: Ship, Renewables, Oil & Gas,
and Industry/Infrastructure. Muehlhan AG is a listed company and is traded
on the Open Market under ISIN DE000A0KD0F7.
For more information, visit www.muehlhan.com
Contact: Muehlhan AG; phone: +49-40-752-7115-0; e-mail:
[email protected]
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17.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Germany
Phone: +49 40 75271 0
Fax: +49 40 75271 130
E-mail: [email protected]
Internet: www.muehlhan.com
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Basic Board), Hamburg, Munich, Stuttgart,
Tradegate Exchange
End of News DGAP News Service
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687253 17.05.2018
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