Share Buyback Program 2008/2009
Authorized by the resolution of the Shareholders' Meeting on March 12, 2008, the Management Board decided on October 15, 2008 to submit a public buyback offering to MAGIX shareholders covering 1,153,489 shares at a price of EUR 1.95 per share. In November 2008, 444,252 own shares were acquired this way.
On January 21, 2009, the Management Board passed a resolution for another public buyback offering, limited to a maximum of 709,237 shares. The purchase price offered by the company amounted to EUR 2.74 per share. On February 25, 2009, MAGIX announced that it had purchased another 557,739 own shares.
In the context of the share buyback program 2008/2009, MAGIX thus purchased 1,101,991 own shares at a total cost of EUR 2,394,496.26.
With effect from June 16, 2009, these shares were retired in a simplified form in accordance with Art. 71, sec. 1, no. 8, sentence 6 German Stock Corporation Act. The company's nominal capital, which continued to amount to EUR 12,662,038.00 after the retirement, was thereupon divided into 10,432,909 common shares without nominal value (no-par-value shares).
Notice on the share buyback program 2008/2009
Retirement of own shares
30.06.2009
The management board of MAGIX AG (ISIN DE0007220782) took advantage of the authorization granted by the shareholders' meeting on March 12, 2008 and retired all 1.101.991 own registered ordinary non par value shares in simplified form according to ยง 21, sub-section 1, no. 8 sentence 6 of the German Stock Corporation Act (AktG). The ...
Result of the Buyback Offering
25.02.2009
MAGIX AG, Berlin/Germany, in accordance with Article 26, Section 1, Sentence 2 WpHG, announces the following in its own name: On February 25, 2009 the percentage of own shares held by MAGIX AG exceeded the threshold of 5 per cent and now amounts to 9.55 per cent (1,101,991 shares).
Buyback quota of the share buyback offer
17.02.2009
On January 26, 2009 MAGIX AG (ISIN DE0007220782) had published a public share buyback offer for up to 709,237 shares of MAGIX AG. As the buyback offer has not been accepted to its full capacity, no further repartitioning according to Section 3.5 of the offering memorandum is required, i.e. all shares submitted for purchase will be fully ...
MAGIX Board decides further share buy back
21.01.2009
The Board of Berlin-based company MAGIX AG (ISIN DE0007220782), following the approval of the Supervisory Board, has just decided to launch a public buyback offer to the shareholders. The offer period starts on Monday, 26 January 2009, and ends on Friday, 13 February 2009 at 1200 CET. The purchase price of EUR 2.74 per share offered by ...
Result of the Buyback Offering
19.11.2008
MAGIX AG, Berlin/Germany, in accordance with Article 26, Section 1, Sentence 2 WpHG, announces the following in its own name: On November 19, 2008 the percentage of own shares held by MAGIX AG exceeded the threshold of 3 per cent and now amounts to 3.85 per cent (444,252 shares).
Buyback quota of the share buyback offer
11.11.2008
MAGIX AG (ISIN DE0007220782) had released a public buyback offer for up to 1,153,489 shares of MAGIX AG. As the buyback offer was not accepted to its full extent, no rescaling in accordance with section 3.5 of the offering memorandum shall be required, i. e. the shares submitted for purchase will be accounted for in full. The determined ...
MAGIX Board decides to buy back shares
15.10.2008
Today the Board of Berlin-based company MAGIX AG (ISIN DE0007220782), following the approval of the Supervisory Board, decided to launch a public buyback offer to the shareholders. The offer period starts on Monday, 20 October 2008 and ends on Friday, 7 November 2008 at 1200 CET. The purchase price of EUR 1.95 per share offered by the ...
General shareholders' meeting decides to resume share buyback program
12.03.2008
Today, the shareholders' meeting of MAGIX AG (ISIN DE0007220782) has authorized the Management Board to acquire a total of 1,266,203 own shares via stock market trading or a public buyback offer. This constitutes just under 10% of the total voting rights. The company can redeem or use the bought back shares to service the share option ...