centrotherm photovoltaics concludes current share repurchase program
centrotherm photovoltaics AG has concluded the current share repurchase program on schedule. The program entailed the repurchase of up to 128,014 shares.
A total of 128,014 shares were repurchased at an average price of € 19.95 per share between November 13 and November 21, 2008 on the basis of the resolution of the Shareholders' General Meeting of June 11, 2008. This is equivalent to approx. 0.6 % of the share capital. The repurchased shares will be used as part-payment for the acquisition of the remaining 50 percent of the shares in SolMic GmbH, which occurred in August 2008, and will be transferred to Dr. Albrecht Mozer.
Further information about the share repurchase program can be found in the Investor Relations area.
About centrotherm photovoltaics AG
centrotherm photovoltaics AG, which is based at Blaubeuren, is one of the world's leading technology and service-providers for the manufacturing of solar cells and solar silicon. The broad product spectrum comprises key equipment and turnkey production lines for crystalline and thin-film solar cells. The product range is supplemented by reactors and converters for the manufacturing of solar silicon. centrotherm photovoltaics guarantees its customers important performance parameters such as production capacity, degree of efficacy, and completion deadlines for turnkey lines. Including the recent acquisition of centrotherm Thermal solutions, centrotherm photovoltaics currently employs about 900 staff members at its locations in Blaubeuren, Burghausen, Constance and Dresden. The company operates globally in Europe, Asia and the USA. In the financial year 2007 centrotherm photovoltaics achieved revenue of EUR 166.2 million, EBIT of EUR 21.1 million, and is listed in the TecDax of the Frankfurt Stock Exchange.
centrotherm photovoltaics AG
Listing: Regulated Market/Prime Standard, Frankfurt Securities Exchange
Registered Office: Germany
Senior Manager Investor Relations
T +49 7344 918-8890