21/8/2007

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 article 16 par. 5 of Law 2190/20 , 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 9/8/2007, the Company purchased 18,000 shares, with average purchase price euro 36.92 per share and total purchase price euro 664,600.00.
  2. On 10/8/2007, the Company purchased 17,000 shares, with average purchase price euro 35.59 per share and total purchase price euro 605,100.00.
  3. On 16/8/2007, the Company purchased 30,000 shares, with average purchase price euro 34.57 per share and total purchase price euro 1,036,992.96.
The above 65,000 shares in total, were purchased through the Athens Exchange member Alpha Finance, with average purchase price euro 35.49 per share. 


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