|
Please find below all of STRABAG SE`s reports to the Austrian Financial Market Authority (FMA) of the last few months.
Vienna, 21 June 2010
Regarding agenda item 7, the 6th Annual General Meeting of STRABAG SE of 18 June 2010 passed the following resolutions:
The management board is authorised, in accordance with Section 65 Paragraph 1 No. 8 as well as Paragraphs 1a and 1b of the Austrian Stock Corporation Act (AktG), to acquire bearer or registered no-par shares of the company on the stock market or over the counter to the extent of up to 10 % of the share capital during a period of 12 months from the day of the resolution at a minimum price per share of EUR 1.00 and a maximum price per share of EUR 34.00. The purpose of the acquisition may not be to trade with own shares. The authorisation can be exercised in full or in part or in several partial amounts for one or several purposes by the company, a subsidiary (Section 228 Paragraph 3 of the Austrian Commercial Code) or third parties acting on behalf of the company.
The management board of STRABAG SE can decide to acquire shares on the stock exchange but must inform the supervisory board following decision to do so. Over-the-counter purchases require prior approval by the supervisory board.
The management board shall be authorised, for a period of five years from this resolution, to sell or assign its own shares, with approval by the supervisory board, in accordance with Section 65 Paragraph 1b of the Austrian Stock Corporation Act (AktG), in a manner other than on the stock market or through a public tender, to the exclusion of the shareholders’ buyback rights (subscription rights), and to determine the conditions of sale. The authorisation can be exercised in full or in part or in several partial amounts for one or several purposes by the company, a subsidiary (Section 228 Paragraph 3 of the Austrian Commercial Code) or third parties acting on behalf of the company.
At the same time, the Annual General Meeting cancelled the existing authorisation to buy back own shares as per resolution by the Annual General Meeting of 19 June 2009.
|
|