08.03.2016
Deutsche Post AG DE0005552004
DGAP-Adhoc: Deutsche Post AG: Deutsche Post DHL Group announces to buy back shares up to a total of EUR 1bn
Deutsche Post AG / Key word(s): Share Buyback
08.03.2016 14:20
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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The share buyback programme starting in March 2016 is restricted to a
duration of one year and a notional amount of up to EUR 1bn. The execution
of the share buyback is based on the authorisation of the AGM on May 27th,
2014. The purchased shares will either be cancelled, used to service long
term management incentive programmes or to meet possible obligations
arising from valid exercises under the convertible bond 2012 / 2019.
Deutsche Post DHL Group will keep the capital market informed about the
progress of the share buyback programme on its web site.
The decision to initiate a share buyback program is in line with the
group's corporate finance policy and is to be seen against the background
of the strong free cash flow generation amounting to EUR 1.7bn for FY 2015,
meeting the EBIT guidance for FY 2015 and the reconfirmation of the targets
for 2016 and 2020.
Additional details pertaining to Q4 and FY 2015 results will be published
on March 9th 2016 at 7:00h CET.
08.03.2016 The DGAP 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: Deutsche Post AG
Charles-de-Gaulle-Straße 20
53113 Bonn
Germany
Phone: +49 (0)228 182 - 63 100
Fax: +49 (0)228 182 - 63 199
E-mail: [email protected]
Internet: www.dpdhl.com
ISIN: DE0005552004
WKN: 555200
Indices: DAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hanover, Munich, Stuttgart; Terminbörse
EUREX
End of Announcement DGAP News-Service
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