Share buy-back 2006

The share buy-back launched in November 2006 has been concluded in February 2007. A total of just over eight million shares have been acquired at an average price of €124.36. These shares were cancelled prior to the Annual General Meeting 2007. "This step shows how we are using active management to gear our capital to requirements," stressed von Bomhard in a press release from 28 February 2007. "With the share buy-back and the planned shareholders' dividend, we will have given the capital market nearly €2bn by the end of April."