16/10/2007

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 European Communities, that the Company has proceeded to the purchase of own shares, pursuant to decision of the Annual General Meeting of Shareholders dated 10th May 2007 and resolution of the Board of Directors dated 10th May 2007, as follows :
  1. On 5.10.2007, the Company purchased 8,000 common shares, with average purchase price euro 36.12 per share and total purchase price euro 288,960.00.
  2. On 9.10.2007, the Company purchased 6,000 common shares, with average purchase price euro 35,74 per share and total purchase price euro 214,440.00
  3. On 12.10.2007, the Company purchased 3,000 common shares, with average purchase price euro 35,48 per share and total purchase price euro 106,440.00
The above 17,000 common shares in total, were purchased through the Athens Exchange member Alpha Finance, with average purchase price euro 35.87 per share. 
 
 
The above announcement was notified to the Athens Exchange, the HCMC and was also posted on the Athens Exchange website.