Share buyback
Current share buyback program
On the basis of the authorization granted by the shareholders at the annual general meeting of May 10, 2007, the Management Board started buying back up to 100,000 of the Company’s shares on November 1, 2007.
The shares are to be used to acquire all or part of other companies and businesses and/or for employee bonus programs for the Company and its affiliates as well as for executive compensation schemes. All shares are being bought back solely via the stock market floor.
As of March 31, 2009, the Company had bought back 39,560 shares since November 1, 2007.
As of March 31, 2009, OHB Technology AG's treasury stock comprised 66,954 shares. Accordingly, 14,861,142 shares were still outstanding as of that date.