Schoeller-Bleckmann Oilfield Equipment AG / Preliminary Termination of current Share Buyback Program

07.10.2016, 2567 Zeichen

Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Buybacks 07.10.2016

Ternitz/Vienna, 7 October 2016. Today, the Executive Board of SCHOELLER- BLECKMANN OILFIELD EQUIPMENT AG (the "Corporation") decided for a preliminary termination of the share buyback program, published first on 27 April 2016 and commenced on 3 May 2016, with immediate effect.
This share buyback program was based on the authorization of the General Meeting on 27 April 2016 (authorization to acquire own shares without specific purpose pursuant to section 65 para 1 no 8 Austrian Stock Corporation Act). This authorization continues to be effective despite the termination of the current program. Any new start will be published in line with applicable regulations accordingly.
Summary of the result of the preliminarily terminated program: _____________________________________________________________________________ |ISIN_of_shares:_______________________|AT0000946652__________________________| |Mode of buybacks: |All buybacks were made through the | |______________________________________|Stock_Exchange._______________________| |Volume of bought-back shares: |40,597 shares, which equals 0.2537% of| |______________________________________|the_share_capital.____________________| |Highest and lowest prices paid: |EUR 55.00 per share and EUR 49.19 per | |______________________________________|share.________________________________| |Average of the weighted average prices| | |of days, on which shares were bought |EUR 53.6577 per share. | |back__________________________________|______________________________________| |Total_value_of_bought_back_shares_____|EUR_2,167,461.19._____________________|

All transactions carried out under the share buyback program have been published on www.sbo.at (Investor Relations - Corporate Governance - Share Buyback / Sale).
end of announcement euro adhoc

issuer: Schoeller-Bleckmann Oilfield Equipment AG


             Hauptstrasse 2
             A-2630 Ternitz
phone:       02630/315110
FAX:         02630/315101
mail:        sboe@sbo.co.at
WWW:         http://www.sbo.at




sector: Oil & Gas - Upstream activities


ISIN:        AT0000946652
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language:    English




Digital press kit: http://www.ots.at/pressemappe/2917/aom



  
  



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