The program was started on April 4, 2012, and was intended to run until May 23, 2012. Including May 18, 2012 a total of 219,788 shares had been repurchased.
The shares thus acquired should be available for all intended uses permitted based on the authorization of the Annual General Meeting of May 30, 2011, namely for sale against payment in kind, and in particular in conjunction with company mergers and the acquisition of companies, parts of companies and holdings in companies.
Furthermore, for sale by means other than via the stock exchange or via a buying option maintaining the subscription rights of the shareholders, if the own shares that are purchased are sold at a price that does not substantially fall below the stock exchange price of shares of the company of the same class at the time of sale (§ 186 Paragraph 3 S. 4 of the German Stock Corporation Act (AktG). In addition, the company can use the shares thus acquired to service conversion or option rights or as part of a stock option plan.
The transactions carried out under the buyback program are published on S.A.G. Solarstrom AG's website at www.solarstromag.com.
