Share buyback

by Annual General Meeting on 28 May 2014

BAVARIA Industries Group AG’s Executive Board decided in June 2014 the share buyback program, approved by the Annual General Meeting on 28 May 2014, in accordance with Section 71 paragraph 1 item 8 of the German Stock Companies Act.

In the period from 28 May 2014 to the 27 May 2019, up to 551,251 BAVARIA Industries Group shares will be acquired via the stock exchange. The company may acquire own shares up to a maximum of 10% of the share capital at the time of authorization (561,251 units), less the shares which have already been acquired during the last but one share buyback program (10,000 units), deposited with our designated sponsor as securities lending. The share buyback will be carried out either under the leadership of a bank, which will time individual buybacks independently and without influence from the BAVARIA Industries Group AG, or by BAVARIA Industries Group AG itself. Relevant purchase transactions will be carried out in accordance with § 14 paragraphs 2 and 20a of the WpHG and in line with safe harbour regulations as stipulated in EC no. 2273/2004.

The acquired 261,220 treasury shares, from the basis of the authorization of the Annual General Meeting on 28 May 2014, shares have been collected 261,220 own shares in November 2016 by the Company.

With shareholders' resolution dated 28 May 2014, the approval of 25 May 2012 to buy back own shares was suspended.

Overview of share buy backs per month

MonthTreasury stock purchasedProportion of share capital(in %)Average price(in EUR)Total purchase value(in EUR)Total number of treasury stockTotal treasury stock in percentage of issued stock
11/1600,00 %0,00 EUR0,000,000,00 %
12/1600,00 %0,00 EUR0,000,000,00 %
01/1700,00 %0,00 EUR0,000,000,00 %
02/1700,00 %0,00 EUR0,000,000,00 %
03/1700,00 %0,00 EUR0,000,000,00 %
04/1700,00 %0,00 EUR0,000,000,00 %
05/177.9610,15 %58,45 EUR465.284,267.961,000,15 %
06/1715.0390,28 %59,69 EUR897.744,0723.000,000,43 %
07/174.9470,09 %57,04 EUR282.168,4127.947,000,52 %
08/172.0980,04 %58,00 EUR121.690,2030.045,000,56 %
09/17250.7014,68 %57,00 EUR14.289.861,61280.746,005,25 %
10/1700,00 %0,00 EUR0,00280.746,005,25 %
11/1700,00 %0,00 EUR0,000,000,00 %
12/178010.02 %56.09 EUR44,928.29801.000.02 %
01/1800.00 %0.00 EUR0.00801.000.02 %
02/181,3010.03 %56.88 EUR74,005.502,102.000.04 %
03/1800.00 %0.00 EUR0.002,102.000.04 %
04/1800.00 %0.00 EUR0.002,102.000.04 %
05/1800.00 %0.00 EUR0.002,102.000.04 %
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