Cargotec Has Started Share Repurchases
Cargotec Corporation has on Tuesday, March 25, 2008 started the share repurchases according to the decision of the Annual General Meeting held on February 29, 2008. The following purchases were made yesterday on March 25, 2008:
SHARE REPURCHASE 25.03.2008
Helsinki Stock Exchange
Trade date: 25.03.2008
Bourse trade: PURCHASE
Amount: 1,000 shares
Total cost: 27,990.00 EUR
Average price / share: 27.9900 EUR
Highest price / share: 27.99 EUR
Lowest price / share: 27.99 EUR
Cargotec Corporation now holds 1,905,725 shares including the shares repurchased on 25.03.2008.
In future, the information about Cargotec share repurchases will be available on the Company's website at www.cargotec.com and on the OMX Nordic Exchange Helsinki website at www.omxnordicexchange.com
Cargotec improves the efficiency of cargo flows by offering handling systems and the related services for the loading and unloading of goods. Cargotec's brands, Hiab, Kalmar and MacGREGOR, are global market leaders in their fields and their solutions are used on land and at sea - wherever cargo is on the move. Extensive repair and maintenance services close to customers ensure the continuous usability of equipment. Cargotec is the technology leader in its field, its R&D focusing on innovative solutions that take environmental considerations into account. Cargotec's sales are EUR 3 billion and the company employs over 11,000 people. Cargotec's class B shares are quoted on the OMX Nordic Exchange Helsinki.