Share buyback up from 8.5.2008
Share buyback program finished
Adhoc release of May 11, 2009
June 16, 2008: Voting rights announcement
Voting rights announcement
The Annual General Meeting of FUCHS PETROLUB AG on May 6, 2008 authorized the company to purchase own ordinary and preference shares of up to 10% of the share capital by November 5, 2009.
This entitles the company to continue the buyback of shares started in the last year. Since equity base and business and cash flow development remain strong, the Executive Board has decided, with the consent of the Supervisory Board, to resume the buyback of own shares on May 8, 2008. FUCHS PETROLUB AG intends to acquire up to 5.65% of the share capital by November 5, 2009 on the stock exchange. This represents up to 732,900 ordinary shares and up to 732,900 preference shares. On the basis of the current share price this corresponds to a value of about €100 million.
The share buyback is carried out by a bank, which is independent and not influenced in its decision on when to acquire the company's shares, provided legal regulations and the company's requirements regarding volume and the period of validity of the order are met. In this context, the purchase price per share (excluding ancillary acquisition costs) may neither exceed nor fall below the mean share price (closing auction price of the FUCHS share on the Xetra trading system) on the last three trading days prior to the purchase obligation by more than 10%. The shares are purchased for redemption purposes.
The shares are to be acquired on the stock exchange in Frankfurt and via the XETRA trading system. The buyback takes place in compliance with the Directive (EC) No. 2273/2003 in the version dated December 22, 2003. Regular updates on the progress of the share buyback program are published in the internet at www.fuchs-oil.com (<>Investor Relations<>Share buyback program<>).
Ordinary Share
Total value of first authorization:
564.000 shares at the price of 62.65 EUR = 35,337,326.38
Period | Shares repurchased
(#) | Average price per share
(EUR) | Total value
(EUR) |
|
Week 1:
8.5. - 11.5.08 |
6,919 |
67.37 |
466,154.60 |
Week 2:
12.5. - 18.5.08 |
13,698
|
66.94
|
916,917.76
|
Week 3:
19.5. - 25.5.08 |
13,603
|
69.80
|
949,426.92
|
Week 4:
26.5. - 1.6.08 |
16,297
|
66.66
|
1,086,406.79
|
Week 5:
2.6. - 8.6.08 |
15,676
|
68.07
|
1,067,024.59
|
Week 6:
9.6. - 15.6.08 |
18,257
|
66.67
|
1,217,135.41
|
Week 7:
16.6. - 22.6.08 |
16,454
|
63.51
|
1,045,000.12
|
Week 8:
23.6. - 29.6.08 |
15,800
|
61.34
|
969,222.29
|
Week 9:
30.6. - 6.7.08 |
14,195
|
61.99
|
879,906.73
|
Week 10:
7.7. - 13.7.08 |
15,188
|
62.89
|
955,115.86 |
Week 11:
14.7. - 20.7.08 |
15,535
|
61.22
|
951,010.09
|
Week 12:
21.7. - 27.7.08 |
15,419
|
56.86
|
876,734.17
|
Week 13:
28.7. - 3.8.08 |
17,819
|
58.53
|
1,042,901.76
|
Week 14:
4.8. - 10.8.08 |
16,900
|
57.37
|
969,565.85
|
Week 15:
11.8. - 17.8.08 |
17,100
|
55.73
|
952,975.33
|
Week 16:
18.8. - 24.8.08 |
8,100
|
53.35
|
432,150.23
|
Week 17:
25.8. - 31.8.08 |
8,191
|
56.13
|
459,735.62
|
Week 18:
1.9. - 7.9.08 |
8,700
|
57.11
|
496,867.31
|
Week 19:
8.9. - 14.9.08 |
9,100
|
53.44
|
486,262.94
|
Week 20:
15.9. - 21.9.08 |
16,400
|
50.09
|
821,498.99
|
Week 21:
22.9. - 28.9.08 |
10,500
|
50.62
|
531,542.25
|
Week 22:
29.9. - 5.10.08 |
15,500
|
48.12
|
745,829.64
|
Week 23:
6.10. - 12.10.08 |
17,300
|
46.07
|
796,981.70
|
Week 24:
13.10. - 19.10.08 |
14,085
|
50.44
|
710,458.69
|
Week 25:
20.10. - 26.10.08 |
16,600
|
53.89
|
894,546.82
|
Week 26:
27.10. - 2.11.08 |
8,747
|
48.24 |
421,966.07
|
Week 27:
3.11. - 9.11.08 |
7,100
|
53.70
|
381,271.43
|
Week 28:
10.11. - 16.11.08 |
15,443
|
42.17
|
651,294.67
|
Week 29:
17.11. - 23.11.08 |
10,432 |
32.19 |
335,782.81 |
Week 30:
24.11. - 30.11.08 |
14,400
|
32.66
|
470,310.71
|
Week 31:
1.12. - 7.12.08 |
16,995
|
34.63
|
588,614.11
|
Week 32:
8.12. - 14.12.08 |
17,638
|
35.08
|
618,728.91
|
Week 33:
15.12. - 19.12.08 |
18,638
|
35.46
|
660,834.01
|
Week 34:
22.12. - 28.12.08 |
7,721
|
34.82
|
268,877.57
|
Week 35:
29.12. - 4.1.09 |
4,000
|
35.32
|
141,291.30
|
Week 36:
5.1. - 11.1.09 |
9,021
|
39.21
|
353,752.93
|
Week 37:
12.1. - 19.1.09 |
3,701
|
36.60
|
135,473.04
|
Week 38:
19.1. - 25.1.09 |
11,200
|
32.77
|
367,065.39
|
Week 39:
26.1. - 1.2.09 |
9,300
|
31.69
|
294,722.06
|
Week 40:
2.2. - 8.2.09 |
13,100
|
30.01
|
393,107.87
|
Week 41:
9.2. - 15.2.09 |
10,688
|
30.94
|
330,733.67
|
Week 42:
16.2. - 22.2.09 |
9,354
|
27.74
|
259,482.72
|
Week 43:
23.2. - 1.3.09 |
15,700
|
25.84
|
405.739,45
|
Week 44:
2.3. - 8.3.09 |
12,200
|
25.15
|
306,855.30
|
Week 45:
9.3. - 15.3.09 |
6,286
|
24.19
|
152,080.45
|
| | | |
Total | 575,000 | 49.15 | 28,259,356.93 |
|
|
Preference Share
Total value of first authorization:
564,000 shares at the price of 62.36 EUR = 35,171,151.13 EUR
Period | Shares repurchased | Average price per share
(EUR) | Total value
(EUR) |
|
Week 1:
8.5. - 11.5.08 |
6,913 |
65.61 |
453,580.06 |
Week 2
12.5. - 18.5.08 |
13,750
|
65.77
|
904,342.89
|
Week 3
19.5. - 25.5.08 |
19,471
|
65.37
|
1,272,800.73
|
Week 4
26.5. - 1.6.08 |
11.526
|
64.05
|
738,275.15
|
Week 5
2.6. - 8.6.08 |
14,284
|
66.52
|
950,236.10
|
Week 6
9.6. - 15.6.08 |
18,506
|
67.06
|
1,240,944.95
|
Week 7
16.6. - 22.6.08 |
18,819
|
62.86
|
1,182,870.63
|
Week 8
23.6. - 29.6.08 |
15,600
|
59.87
|
933,906.20
|
Week 9
30.6. - 6.7.08 |
17,702
|
59.54 |
1,053,992.40
|
Week 10
7.7. - 13.7.08 |
14,231
|
59.84
|
851,616.90
|
Week 11
14.7. - 20.7.08 |
16,000
|
56.35
|
901,557.29
|
Week 12
21.7. - 27.7.08 |
15,400
|
50.80
|
782,338.22
|
Week 13
28.7. - 3.8.08 |
16,100
|
51.10
|
822,662.71
|
Week 14
4.8. - 10.8.08 |
16,800
|
49.78
|
836,299.51
|
Week 15
11.8. - 17.8.08 |
16,800
|
48.44 |
813,761.41
|
Week 16
18.8.- 24.8.08 |
11,700
|
46.53
|
544,430.11
|
Week 17
25.8.- 31.8.08 |
5,000
|
48.47
|
242,370.70
|
Week 18
1.9.- 7.9.08 |
9,000
|
50.20
|
451,842.08
|
Week 19
8.9. - 14.9.08 |
9,100
|
47.38
|
431,159.58
|
Week 20
15.9. - 21.9.08 |
16,400
|
44.96
|
737,392.13
|
Week 21
22.9. - 28.9.08 |
10,500
|
44.52
|
467,435.82 |
Week 22
29.9. - 5.10.08 |
15,500
|
39.14
|
606,601.29
|
Week 23
6.10. - 12.10.08 |
16,284
|
34.28
|
558,229.03
|
Week 24
13.10. - 19.10.08 |
14,415
|
34.22
|
493,292.99
|
Week 25
20.10. - 26.10.08 |
20,400
|
32.55
|
663,976.90
|
Week 26
27.10. - 2.11.08 |
13,286
|
27.06
|
359,573.13
|
Week 27
3.11. - 9.11.08 |
5,500
|
30.42
|
167,335.47
|
Week 28
10.11. - 16.11.08 |
16,255
|
27.95
|
454,286.11
|
Week 29:
17.11. - 23.11.08 |
13,132
|
25.71
|
335,537.33
|
Week 30:
24.11. - 30.11.08 |
9,808
|
27.18
|
266,591.04
|
Week 31:
1.12. - 7.12.08 |
18,400
|
28.02
|
515,633.08
|
Week 32:
8.12. - 14.12.08 |
17,300
|
25.68
|
444,219.33
|
Week 33:
15.12. - 19.12.08 |
18,638
|
26.83
|
500,136.48
|
Week 34:
22.12. - 28.12.08 |
1,230
|
28.34
|
34,856.90
|
Week 35:
29.12. - 4.1.09 |
1,200
|
31.98
|
38,380.25
|
Week 36:
5.1. - 11.1.09 |
10,500
|
32.94
|
345,865.63
|
Week 37:
12.1. - 18.1.09 |
4,800
|
28.37
|
136,179.62
|
Week 38:
19.1. - 25.1.09 |
10,900
|
26.06
|
284,072.57
|
Week 39:
26.1. - 1.2.09 |
9,600
|
28.99
|
287,342.80
|
Week 40:
2.2. - 8.2.09 |
13,400
|
28.83
|
386,313.74
|
Week 41:
9.2. - 15.2.09 |
10,500
|
31.07
|
326,252.34
|
Week 42
16.2. - 22.2.09 |
9,064
|
28.01
|
253,845.84
|
Week 43
23.2. - 1.3.09 |
15,700
|
25.98
|
407,812.05
|
Week 44
2.3. - 8.3.09 |
9,400
|
24.51
|
230,380.87 |
Week 45
9.3. - 15.3.09 |
6,186
|
23.37
|
144,567.58
|
| | | |
Total | 575,000 | 43.21 | 24,486,097.95 |
|
|
