Heidelberger Druckmaschinen AG (Heidelberg) (FWB: HDD)
has concluded the share buyback program begun on November 9, 2005. On
the basis of the authorization granted by the Annual General Meeting
of July 20, 2005, a total of 4,295,424 shares or 5 percent of the
capital stock were bought back by July 26, 2006, at an average price
of 35.00 Euro. This amounts to a total figure of 150,349,212.29 Euro.
On March 31, 2006, a total of 2,857,777 no-par bearer shares (3.3
percent of outstanding shares) were withdrawn by means of a simplified
capital retirement process in compliance with the German Stock
Corporation Act, Section 71, para. 1, no. 8 sentence 6. After
completion of the share buyback program, Heidelberger Druckmaschinen
AG holds 1,384,424 of its own shares (1.67 percent of outstanding
shares).
