Schoeller-Bleckmann Oilfield Equipment AG: Preliminary Termination of current Share Buyback Program
Ternitz/Vienna, 7 October 2016. Today, the Executive Board of SCHOELLER-BLECKMANN OILFIELD EQUIPMENT AG (the "Corporation") decided for a preliminary termination of the share buyback program, published first on 27 April 2016 and commenced on 3 May 2016, with immediate effect.
This share buyback program was based on the authorization of the General Meeting on 27 April 2016 (authorization to acquire own shares without specific purpose pursuant to section 65 para 1 no 8 Austrian Stock Corporation Act). This authorization continues to be effective despite the termination of the current program. Any new start will be published in line with applicable regulations accordingly.
Summary of the result of the preliminarily terminated program:
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ISIN of shares:
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AT0000946652
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Mode of buybacks:
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All buybacks were made through the Stock Exchange.
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Volume of bought-back shares:
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40,597 shares, which equals 0.2537% of the share capital.
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Highest and lowest prices paid:
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EUR 55.00 per share and EUR 49.19 per share.
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Average of the weighted average prices of days, on which shares were bought back
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EUR 53.6577 per share.
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Total value of bought back shares
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EUR 2,167,461.19.
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All transactions carried out under the share buyback program have been published on www.sbo.at (Investor Relations - Corporate Governance - Share Buyback / Sale).
Further inquiry note:
Andreas Boecskoer, Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Phone: +43 2630/315 ext 252, fax ext 101
e-mail: a.boecskoer@sbo.co.at
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Contact
Schoeller-Bleckmann
Oilfield Equipment AG
Hauptstraße 2
A-2630 Ternitz
Tel.: +43 (0)2630 315-253
Fax: +43 (0)2630 315-101
E-Mail:
