Archive 2005 () Unaxis plans share buyback
Pfäffikon SZ, September 16, 2005 − The Board of Directors of Unaxis Holding AG has decided to institute a share buyback program entailing a maximum of 10 percent of the 14,142,437 Unaxis shares currently in public hands. The buyback program is expected to commence in 2005 and be concluded by the time of the company’s 2007 annual general meeting of shareholders. The program will serve to finance acquisitions as well as to facilitate employee stock ownership plans.
Details on the share buyback will be announced once the Swiss Takeover Board has granted its approval of the program.