Brief: Fabasoft decides on share buyback

Fabasoft AG

09/12/2015 12:30

Dec 9 (Reuters) - Fabasoft AG  FAAS.DE : 
    * Ddecides on share buyback 
    * Share buyback program will likely start on Jan. 2, 2016 for an indefinite term, however 
no longer than Jan. 6, 2018 
    * Shares in a maximum total volume of up to 2 million euros ($2.2 million) shall be 
purchased 
    * Money used for share buyback will decrease available profit for dividend pay-outs of 
company for financial year 2015/2016 
    * Creation of a respective accumulated income will be necessary to ensure implementation 
 
Source text for Eikon:  ID:nEQ6pCtWFa  
Further company coverage:  FAAS.DE  
 
($1 = 0.9148 euros) 
 
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