Share buyback until 30.4.2008
January 4, 2008: Voting rights announcement
Voting rights announcement
FUCHS PETROLUB starts share buyback program
On May 2, 2007 the General Assembly of FUCHS PETROLUB AG authorized the company to buyback up to 10% of its ordinary and preference shares by November 1, 2008.
Due to the unchanged robust equity position and the positive profit and cash flow development, which has continued into the first quarter of 2007, the Executive Board of the company has decided, with the approval of the Supervisory Board, to start with the share buy back program on May 10, 2007. By November 1, 2008 FUCHS PETROLUB AG will buy back up to 10% of its authorized capital, i.e. up to 1,296,900 ordinary and up to 1,296,900 preference shares via the stock exchange. At the current market price of the shares this indicates an amount of about euros 170 million.
A bank will lead and execute the share buy back program independently. The bank will purchase the shares and will not be influenced by Fuchs Petrolub AG. It will be bound by the legal requirements and the demands of the company with respect to volume and the duration of the purchase order. In this context the purchase price per share (without any transaction costs) may neither exceed nor undercut 10% of the average of the share price (price of the final transaction of the FUCHS share on XETRA) during the last three trading days before the actual trading takes place. The shares are purchased forredemption only.
The shares shall be bought at the Frankfurt stock exchange, the Stuttgart stock exchange and on XETRA. The buy back will be in line with the regulation (EG) Nr. 2273/2003 of December 22, 2003. Regularly updated information of the progress of the share buy back program can be found on the internet under www.fuchs-oil.de (<> investor Relations <> Share buy back).
Ordinary Share
Total value of first authorization:
564.000 shares at the price of 62.36 EUR = 35,171,151.13
Period | Shares repurchased
(#) | Average price per share
(EUR) | Total value
(EUR) |
|
Week 1:
10.5. - 13.5.07 | 5,262 | 63.69 | 335,138.66 |
Week 2:
14.5. - 20.5.07 | 7,950 | 64.13 | 509,800.63 |
Week 3:
21.5. - 27.5.07 |
10,665
|
63.51
|
677,364.00
|
Week 4:
28.5. - 3.6.07 |
11,670
|
62.56
|
730,041.63
|
Week 5:
4.6. - 10.6.07 |
11,914
|
62.24
|
741,561.76
|
Week 6:
11.6. - 17.6.07 |
6,403
|
61.48
|
393,659.62
|
Week 7:
18.6. - 24.6.07 |
8,410
|
63.25
|
531,897.59
|
Week 8:
25.6. - 1.7.07 |
12,474
|
63.16
|
787,811.53
|
Week 9:
2.7. - 8.7.07 |
3,765
|
66.12
|
248,927.00
|
Week 10:
9.7. - 15.7.07 |
7,811
|
68.50
|
535,059.09
|
Week 11:
16.7. - 22.7.07 |
14,828
|
71.29
|
1,057,062.35
|
Week 12:
23.7. - 29.7.07 |
15,790
|
70.66
|
1,115,655.14
|
Week 13:
30.7. - 5.8.07 |
13,418
|
68.11
|
913,863.34
|
Week 14:
6.8. - 12.8.07 |
14,326
|
66.02
|
945,842.29
|
Week 15:
13.8. - 19.8.07 |
14,442
|
61.90
|
893,955.16
|
Week 16:
20.8. - 26.8.07 |
15,309
|
61.13
|
935,859.60
|
Week 17:
27.8. - 2.9.07 |
10,411
|
63.44
|
660,501.12
|
Week 18:
3.9. - 9.9.07 |
13,018
|
66.66
|
867,742.56
|
Week 19:
10.9. - 16.9.07 |
15,513
|
65.59
|
1,017,421.00
|
Week 20:
17.9. - 23.9.07 |
13,526
|
63.29
|
856,012.11
|
Week 21:
24.9. - 30.9.07 |
15,309
|
63.45
|
971,324.75
|
Week 22:
1.10. - 7.10.07 |
10,151
|
62.82
|
637,706.08
|
Week 23:
8.10. - 14.10.07 |
4,073
|
63.82
|
259,927.02
|
Week 24:
15.10. - 21.10.07 |
13,566
|
67.44
|
914,890.89
|
Week 25:
22.10. - 28.10.07 |
11,825
|
68.02
|
804,325.93
|
Week 26:
29.10. - 4.11.07 |
11,264
|
69.63
|
784,301.73
|
Week 27:
5.11. - 11.11.07 |
12,747
|
69.88
|
890,709.09
|
Week 28:
12.11. - 18.11.07 |
9,930
|
66.76
|
662,904.80
|
Week 29:
19.11. - 25.11.07 |
13,568
|
61.29
|
831,585.06
|
Week 30:
26.11. - 2.12.07 |
13,655
|
63.01
|
860,444.89
|
Week 31:
3.12. - 9.12.07 |
14,347
|
63.96
|
917,664.24
|
Week 32:
10.12. - 16.12.07 |
9,579
|
65.79
|
630,189.43
|
Week 33:
17.12. - 20.12.07 |
12,632
|
63.06
|
796,549.30
|
Week 34:
21.12. - 31.12.07 |
6,450
|
62.27
|
401,618.68
|
Week 35:
1.1. - 6.1.08 |
8,277
|
62.96
|
521,085.13
|
Week 36:
7.1. - 13.1.08 |
15,790
|
59.21
|
934,860.17
|
Week 37:
14.1. - 20.1.08 |
15,790
|
52.48
|
828,709.45
|
Week 38:
21.1. - 27.1.08 |
15,790
|
47.40
|
748,404.98
|
Week 39:
28.1. - 3.2.08 |
14,117
|
52.35
|
739,033.13
|
Week 40:
4.2. - 10.2.08 |
11,567
|
54.67
|
632,406.39
|
Week 41:
11.2. - 17.2.08 |
8,991
|
55.85
|
502,165.24
|
Week 42:
18.2. - 24.2.08 |
10,617
|
55.09
|
584,930.87
|
Week 43:
25.2. - 2.3.08 |
9,702
|
58.79
|
570,381.58
|
Week 44:
3.3. - 9.3.08 |
12,028
|
59.72
|
718,324.48
|
Week 45:
10.3. - 16.3.08 |
9,940
|
61.07
|
607,018.69
|
Week 46:
17.3. - 23.3.08 |
9,027
|
59.14
|
533,818.98
|
Week 47:
24.3. - 30.3.08 |
0
|
|
0.00
|
Week 48:
31.3. - 6.4.08 |
12,101
|
60.61
|
733,464.33
|
Week 49:
7.3. - 13.4.08 |
10,455
|
61.55
|
643,535.82
|
Week 50:
14.4. - 20.4.08 |
2,450 |
63.40
|
155,319.75
|
Week 51:
21.4. - 27.4.08 |
9,247
|
67.26
|
621,923.37
|
Week 52:
28.4. - 4.5.08 |
2,110
|
67.60
|
142,625.94
|
| | | |
Total | 564,000 | 62.65 | 35,337,326.38 |
|
|
Preference Share
Amount of first authorization:
564.000 shares at the price of 62.36 EUR = 35,171,151.13
Period | Shares repurchased
(#) | Average price per share
(EUR) | Total value
(EUR) |
|
Week 1:
10.5. - 13.5.07 |
6,367 |
67.93 |
432,541.10 |
Week 2:
14.5. - 20.5.07 |
5,939
|
68.60
|
407,388.20
|
Week 3:
21.5. - 27.5.07 |
11,929
|
67.91
|
810,103.31
|
Week 4:
28.5. - 3.6.07 |
15,356
|
65.87
|
1,011,430.22
|
Week 5:
4.6. - 10.6.07 |
19,210
|
66.55
|
1,278,444.97
|
Week 6:
11.6. - 17.6.07 |
8,163
|
65.61
|
535,538.40
|
Week 7:
18.6. - 24.6.07 |
0
|
0
|
0 |
Week 8:
25.6. - 1.7.07 |
5,867
|
67.00
|
393,089.00
|
Week 9:
2.7. - 8.7.07 |
5,513
|
69.47
|
382,995.10
|
Week 10:
9.7. - 15.7.07 |
6,002
|
71.96
|
431,904.30
|
Week 11:
16.7. - 22.7.07 |
14,234
|
73.82
|
1,050,691.93
|
Week 12:
23.7. - 29.7.07 |
21,631
|
70.65
|
1,528,211.12 |
Week 13:
30.7. - 5.8.07 |
9,473
|
70.16
|
664,664.81
|
Week 14:
6.8. - 12.8.07 |
22,508
|
67.68
|
1,523,298.70
|
Week 15:
13.8. - 19.8.07 |
7,658
|
61.21
|
468,742.62
|
Week 16
20.8. - 26.8.07 |
13,133
|
65.78
|
863,896.82
|
Week 17
27.8. - 2.9.07 |
9,943
|
66.76
|
663,779.87
|
Week 18
3.9. - 9.9.07 |
14,234
|
70.17
|
998,821.44
|
Week 19
10.9. - 16.9.07 |
15,235
|
69.36
|
1,056,625.79
|
Week 20
17.9. - 23.9.07 |
11,616
|
66.14
|
768,292.27
|
Week 21
24.9. - 30.9.07 |
15,968
|
66.11
|
1,055,711.65
|
Week 22
1.10. - 7.10.07 |
12,613
|
64.84
|
817,850.95
|
Week 23
8.10. - 14.10.07 |
9,438
|
67.25
|
634,660.85
|
Week 24
15.10. - 21.10.07 |
5,421
|
70.17
|
380,412.92
|
Week 25
22.10. - 28.10.07 |
10,804
|
69.60
|
751,940.98
|
Week 26
29.10. - 4.11.07 |
9,843
|
71.31
|
701,894.32
|
Week 27
5.11. - 11.11.07 |
12,606
|
70.83
|
892,820.66
|
Week 28
12.11. - 18.11.07 |
16,060
|
65.63
|
1,054,038.48
|
Week 29
19.11. - 25.11.07 |
20,774
|
58.42
|
1,213,535.29
|
Week 30
26.11. - 2.12.07 |
10,968
|
61.42
|
673,709.39
|
Week 31
3.12. - 9.12.07 |
5,601
|
61.70
|
345,566.70
|
Week 32
10.12. - 16.12.07 |
10,968
|
62.41
|
684,508.69
|
Week 33
17.12. - 20.12.07 |
15,968
|
59.65
|
952,470.34
|
Week 34
21.12. - 31.12.07 |
3,102
|
58.49
|
181,438.15
|
Week 35
1.1. - 6.1.08 |
7,376
|
59.20
|
436,691.31
|
Week 36
7.1. - 13.1.08 |
30,060
|
53.65
|
1,612,605.60
|
Week 37
14.1. - 20.1.08 |
19,216
|
47.84
|
919,252.01
|
Week 38
21.1. - 27.1.08 |
20,661
|
42.68
|
881,810.31
|
Week 39
28.1. - 3.2.08 |
3,867
|
49.68
|
192,124.87
|
Week 40
4.2. - 10.2.08 |
5,435
|
50.07
|
272,149.90
|
Week 41
11.2. - 17.2.08 |
9,622
|
50.50
|
485,894.64
|
Week 42
18.2. - 24.2.08 |
5,093
|
47.55
|
242,188.53
|
Week 43
25.2. - 2.3.08 |
10,168
|
53.16
|
540,518.09
|
Week 44
3.3. - 9.3.08 |
8,363
|
54.66
|
457,119.73
|
Week 45
10.3. - 16.3.08 |
12,082
|
57.02
|
688,896.67
|
Week 46
17.3. - 23.3.08 |
22,242
|
55.72
|
1,239,311.31
|
Week 47
24.3. - 30.3.08 |
0
|
|
0.00
|
Week 48
31.3. - 6.4.08 |
3,689
|
59.62
|
219,933.42
|
Week 49
7.4. - 13.4.08 |
8,758
|
60.35
|
528,578.81
|
Week 50
14.4. - 20.4.08 |
3,101
|
61.62
|
191,072.02
|
Week 51
21.4. - 27.4.08 |
3,691
|
62.96
|
232,394.28
|
Week 52
28.4. - 4.5.08 |
6,431
|
65.24
|
419,590.25
|
| | | |
Total | 564,000 | 62.36 | 35,171,151.13 |
|
|
