Vossloh AG's Executive Board has resolved today to repurchase from the stock market up to 1,479,582 Vossloh shares, or up to 10 percent of the capital stock. The Supervisory Board has approved the program.
The stock repurchase program will commence October 16, 2008, and be concluded by April 15, 2009. The stock repurchase will be managed and carried out by a bank independently and uninfluenced by Vossloh AG.
Unchanged, Vossloh predicts that the targets for fiscal 2008 will be achieved.
Since the Infrastructure Services business unit (VIS) was disposed of in 2008, the Vossloh Group looks to sales of EUR
The stock repurchase program will commence October 16, 2008, and be concluded by April 15, 2009. The stock repurchase will be managed and carried out by a bank independently and uninfluenced by Vossloh AG.
Unchanged, Vossloh predicts that the targets for fiscal 2008 will be achieved.
Since the Infrastructure Services business unit (VIS) was disposed of in 2008, the Vossloh Group looks to sales of EUR
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