In connection with the resolution on their proposals to the ordinary annual general meeting of the company Management Board and Supervisory Board of aap Implantate AG decided today to implement a share buyback within the next months in order to partially distribute proceeds from last year’s sale of the subsidiary aap Biomaterials GmbH to shareholders as announced. Based on the current share price level of the aap share it is intended within the share buyback to purchase up to 2.4 million shares of the company from the shareholders for a maximum total purchase price (including incidental costs) of up to EUR 3.5 million. The further details of the share buyback, including the purchase price, will be determined and published by the Management Board with the consent of the Supervisory Board within the next weeks. If market circumstances or the share price development changes the Management Board reserves the right to adapt the conditions of the intended share buyback or refrain from it. Against the background of the intended share buyback Management Board and Supervisory Board will neither propose a dividend payment nor a capital decrease to the annual general meeting taking place on 16 June 2017 – both measures have been taken into consideration for the partial distribution of proceeds from the sale of aap Biomaterials GmbH as well. The proposals from Management Board and Supervisory Board to the annual general meeting will be published together with the convention on 10 May 2017 in the Federal Gazette.
The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material.The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material.The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Note
Note
Press releases via RSS feed and Facebook
For each category of PresseBox you will also receive a filtered feed separately. You will also find the subscribe button with further individual RSS feeds in each newsroom. In addition, there is also a corresponding Facebook page for each category.
Select a category to view the associated URL.
Publish press release
You would like to publish your press release free of charge? Simply use our free submission service.
You are already a PresseBox customer and would like to publish your press release and distribute it in a targeted way?
Go to MyBox
Preview
File name
Description
Copyright
Publisher
The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material.The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
You can use the following form to reset your login password. You will receive an e-mail with a confirmation link after submitting your request. Click the link to reset your password.
Login required
This function requires that you are logged in.
Log in
Not registered yet?
or login via
Recommend
Management Board and Supervisory Board plan share buyback to partially distribute proceeds from the sale of aap Biomaterials GmbH
A press release by aap Implantate AG
Download press release
Management Board and Supervisory Board plan share buyback to partially distribute proceeds from the sale of aap Biomaterials GmbH
A press release by aap Implantate AG
We will send the following information to your e-mail address:
QR code
Management Board and Supervisory Board plan share buyback to partially distribute proceeds from the sale of aap Biomaterials GmbH