CSM repurchase large amount of shares
The repurchase from Dutch institutional shareholders who benefit from the participation exemption under the Dutch tax regime, will further allow CSM to repurchase the desired number of shares efficiently.
The decision to repurchase was taken by CSM in an effort to optimize its financial structure. The repurchase from Dutch institutional shareholders who benefit from the participation exemption under the Dutch tax regime, will further allow CSM to repurchase the desired number of shares efficiently.
The number of outstanding ordinary shares currently amounts to 80,866,886. As a result of the above repurchase and earlier repurchases the number of outstanding ordinary shares with dividend rights equals 72,566,198 as of May 19, 2005. In addition to these ordinary shares, there are 4,262,566 financing preference shares with dividend rights outstanding.
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