23/7/2008

Announcement: Purchase of Own Shares

TITAN CEMENT COMPANY S.A. announces in accordance with article 4 par.4 of Commission Regulation no 2273/2003 of the European Communities, that the Company has proceeded to the purchase of own shares, pursuant to decision of the Annual General Meeting of Shareholders dated 20th May 2008 and resolution of the Board of Directors dated 20th May 2008, as follows : 

  1. On 17.7.2008, the Company purchased 14,400 common shares, with an average purchase price euro 22.74 per share and a total purchase price euro 327,513.86.
  2. On 18.7.2008, the Company purchased 6,000 common shares, with an average purchase price euro 23.00 per share and a  total purchase price euro 138,000.00 
  3. On 21.7.2008, the Company purchased 20,667 common shares, with an average purchase price euro 22.77 per share and a total purchase price euro 470,656.30 
  4. On 22.7.2008, the Company purchased 13,756 common shares, with an average purchase price euro 23.20 per share and a total purchase price euro 319,196,80 
In total 54,823 common shares were purchased through the Athens Exchange member Alpha Finance, with an average purchase price euro 22.90 per share.


 
The above announcement was notified to the Athens Exchange, the HCMC and was also posted on the Athens Exchange website.