The Executive Board of SINGULUS TECHNOLOGIES AG (SINGULUS) has resolved to continue the buy-back of own shares. Authorized at the Annual Shareholders’ Meeting on May 13, 2004 and started in October, the share buy-back program was stopped on February 28. The additional buy-back of up to 1,817,612 shares may commence immediately and will be continued until May 27, 2005.
Between October 6, 2004 and February 28, 2005, SINGULUS already purchased 1,888,819 of its own shares. This amounts to approximately 5.1 % of the company’s equity.
The goal of the share buy-back is to redeem the acquired shares and to improve earnings per share.
All transactions pertaining to the share buy-back program are published weekly on the SINGULUS TECHNOLOGIES website under the "Investor Relations / Singulus Share" heading. Information about implemented transactions can be obtained free of charge from SINGULUS TECHNOLOGIES AG, Investor Relations, Hanauer Landstr. 103, D-63796 Kahl am Main, Fax No. 06188 - 440 110.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103, D-63796 Kahl/Main
ISIN: DE0007238909 / WKN: 723890