06.06.2014
SYZYGY AG DE0005104806
DGAP-Adhoc: SYZYGY AG: Management Board and Supervisory Board
of SYZYGY AG decide on share buyback
SYZYGY AG / Key word(s): Share Buyback
06.06.2014 17:01
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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On June 6, 2014, the Management Board and Supervisory Board of SYZYGY AG
resolved to buy back up to 100,000 of SYZYGY AG shares (corresponding to
0.78 per cent of the capital stock) via the stock exchange. The share
buyback program lasts up until December 6, 2014.
The share buyback is in line with the Annual General Meeting's resolution
of May 28, 2010, to buy back treasury stock of up to 10 per cent of the
capital stock. The shares may be used for all the purposes authorized by
the Annual General Meeting on May 28, 2010.
The purchase price for the shares may neither exceed nor fall short of the
average share price for the five trading days prior to the purchase
commitment by more than 10 per cent. The relevant prices for determining
the average are the closing prices for SYZYGY AG shares in electronic Xetra
trading at the Frankfurt Stock Exchange (FWB).
06.06.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SYZYGY AG
Im Atzelnest 3
61352 Bad Homburg
Germany
Phone: 06172 9488100
Fax:
E-mail: [email protected]
Internet: www.syzygy.net
ISIN: DE0005104806
WKN: 510480
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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Internet-Services , 510480 , SYZ , XETR:SYZ