Prolongation Share Buyback Program Burckhardt Compression
December 16, 2009
The Board of Directors of Burckhardt Compression Holding AG, Winterthur, has resolved to extend the current share buyback program by one year.
The current share buyback program to repurchase up to 170’000 BCHN shares (5% of all out-standing shares), previously limited in time until December 15, 2009, has been extended until December 16, 2010. The repurchased shares held by the company may be used by the Board of Directors for acquisitions. Further details of the prolonged share buyback program are available on our website at www.burckhardtcompression.com/sharebuyback
About Burckhardt Compression
Burckhardt Compression is one of the worldwide market leaders in the field of reciprocating compressors and the only manufacturer that offers a complete range of Labyâ (labyrinth piston), Process Gas, and Hyper Compressors. The compressors are used to compress, cool or liquefy gases. Burckhardt Compression’s customers include multinational companies active in the chemical, petrochemical, refinery, industrial gas and gas transport and storage industries. With the leading compressor technology, the high-quality compressor components and the comprehensive range of services Burckhardt Compression supports its customers in their effort to minimize the life cycle costs of their reciprocating compressor systems.
Rolf Brändli, CFO
Phone +41 (0)52 262 51 91
Fax +41 (0)52 262 04 08
E-mail: [email protected]