DGAP-Adhoc

HOCHTIEF Aktiengesellschaft: HOCHTIEF decides to conduct Share Buyback

HOCHTIEF Aktiengesellschaft / Key word(s): Share Buyback

01.10.2014 18:34

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.

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The Executive Board of HOCHTIEF Aktiengesellschaft decided to start a share
buyback programme. Up to 6,916,000 no-par value shares in HOCHTIEF
Aktiengesellschaft (approx. 10% of the Company's share capital) shall be
bought back by HOCHTIEF Aktiengesellschaft. The purchase of the shares
shall be conducted via the Frankfurt stock exchange (Xetra). The shares
that are bought back may be used for any purpose set forth in the
authorization resolution of the Annual General Meeting of May 7, 2014.

The share buyback programme is based on the authorization of the Annual
General Meeting of May 7, 2014, to launch a share buyback programme for
shares in the amount of up to 10% of the company's share capital until May
6, 2019. The purchase price per share (not including incidental acquisition
costs) may not be more than 10% above or below the arithmetic mean of the
prices of no-par value shares of HOCHTIEF Aktiengesellschaft in the closing
auction in XETRA trading (or an equivalent successor system) on the
Frankfurt Stock Exchange during the last ten stock market trading days
preceding the conclusion of the obligating transaction.

The buyback will be carried out in the period between October 7, 2014 and
December 31, 2015 by a bank to be commissioned by the Company and in
accordance with Art. 4 to 6 of the Directive (EC) No 2273/2003 of the
Commission of December 22, 2003.


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Language: English
Company: HOCHTIEF Aktiengesellschaft
Opernplatz 2
45128 Essen
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.hochtief.de
ISIN: DE0006070006
WKN: 607000
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München; Freiverkehr in Hannover,
Stuttgart; Terminbörse EUREX

End of Announcement DGAP News-Service

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