Have there been any share buy-back schemes in recent years and/or is RWE currently planning to buy back own shares?
On February 20, 2008, the Executive Board of RWE AG passed a resolution based on the authorization of the Annual General Meeting of April 18, 2007, to launch a share buyback programme. 31,734,473 shares in RWE AG with a value of some €2.5 billion were bought back between February 21, 2008, and May 16, 2008. On April 22, 2009, the Annual General Meeting authorized us again to buy back shares. Hence, the Executive Board is entitled to acquire shares in the amount of up to 10 % of the share capital until October 21, 2010. In the time period from February 2, 2009 to February 16, 2009 RWE AG acquired 2.9 million common shares in RWE AG with a value of approximately €177 million. The shares have been used for fulfillment of a settlement agreement concluded in the appraisal proceeding RWE/VEW. During the same period RWE AG sold 2.9 million treasury common shares in the value of approximately €176 million. As of September 30, 2009 we held 28,846,473 own ordinary shares as treasury stock. The c
