The Executive Board of Pfleiderer AG, Neumarkt, has resolved to purchase up to 1,000,000 shares of the Company via the stock exchange in the period up to July 25, 2008. This corresponds to approximately 1.87% of the share capital. Pfleiderer AG is thus exercising the authorization by the Annual Shareholders´ Meeting on June 12, 2008 to acquire own shares.
The primary purpose of the share buyback is to use the own shares acquired to settle the subscription rights for shares of the Company from stock options issued in conjunction with Pfleiderer stock option plans, or to be issued under future plans. The shares will also be purchased for the purpose of using them to acquire companies, parts of companies, or interests in companies.
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