News

04/29/2016

DGAP-Ad-hoc: Ströer SE & Co. KGaA: Ströer considers to launch share repurchase program and other possible measures in response to short-seller attack


Ströer SE & Co. KGaA / Key word(s): Share Buyback/Miscellaneous
29.04.2016 14:39

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ströer considers to launch share repurchase program and other possible measures in response to short-seller attack

In connection with the short-seller attack by hedge fund Muddy Waters, Ströer is currently considering all possible measures normally taken in reaction to a short-seller attack. This also includes considering a potential share repurchase program. Preparatory measures are currently being taken which would allow the company, after conclusion of its considerations, to react in the short term as necessary. Ströer has not yet taken a decision on possible measures to be taken.



Contact:
Press contact: 
Marc Sausen
Ströer SE & Co. KGaA 
Director Corporate Communications
Ströer-Allee 1 | D-50999 Cologne
Telephone: +49 (0)2236 - 96 45-246
Fax: +49 (0)2236 - 96 45-6246
E-Mail: info@stroeer.de

IR Contact: 
Dafne Sanac
Ströer SE & Co. KGaA 
Head of Investor Relations 
Ströer-Allee 1 | D-50999 Cologne 
Phone: +49 (0)2236 / 96 45-356  
Fax: +49 (0)2236 / 96 45-6356  
E-Mail: dsanac@stroeer.de


29.04.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

 
Language:     English
Company:      Ströer SE & Co. KGaA
              Ströer Allee 1
              50999 Köln
              Germany
Phone:        +49 (0)2236.96 45 0
Fax:          +49 (0)2236.96 45 299
E-mail:       info@stroeer.com
Internet:     www.stroeer.de
ISIN:         DE0007493991
WKN:          749399
Indices:      MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,               Stuttgart
 
End of Announcement DGAP News-Service  





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