Capital market-relevant press releases, 2008-08-14, 10:30 AM
Share buyback completed
On the basis of the authorization granted by the Annual General Meeting on January 18, 2008, the Executive Board of ThyssenKrupp AG resolved on July 14, 2008 to purchase up to around 2% of the Company’s capital stock before the authorization expires.
On August 13, 2008, Deutsche Bank AG, Frankfurt am Main, completed the buyback. The stock was purchased exclusively in the XETRA trading system of the Frankfurt Stock Exchange.
A total of 10,500,000 shares, representing around 2% of the capital stock, were purchased at a cost of around €356.8 million. Including the shares acquired previously, the statutory limit which allows the repurchase of up to 10% of shares has therefore been largely exhausted.