Amsterdam - 18th November 2011 - Head NV (VSX: HEAD; U.S.
OTC: HEDYY.PK), a leading global manufacturer and marketer of
sports equipment, announced the following share buy backs
today.
Head NV has bought back 607,207 ordinary listed shares in
Head NV amounting to 0.66% of the issued share capital of the
company. These shares were bought by Head NV at a cost of
€424,745.
About Head
HEAD NV is a leading global manufacturer and marketer of
premium sports equipment.
HEAD NV's ordinary shares are listed on the Vienna Stock
Exchange ("HEAD").
Our business is organized into five divisions: Winter Sports,
Racquet Sports, Diving, Sportswear and Licensing. We sell
products under the HEAD (tennis, squash and racquetball
racquets, tennis balls, tennis footwear, badminton products,
alpine skis, ski bindings and ski boots, snowboards, bindings
and boots and sportswear), Penn (tennis and racquetball
balls), Tyrolia (ski bindings) and Mares (diving equipment)
brands.
For more information, please visit our website: www.head.com
Clare Vincent, Investor Relations
Tel: +44 207 499 7800
Fax: +44 207 491 7725
E mail: headinvestors@aol.com
Gunter Hagspiel, Chief Financial Officer
Tel: +43 5574 608
Fax +43 5574 608 130
E-mail: g.hagspiel@head.com
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act
of 1995. When used in this press release, the words
"anticipate", "believe", "could", "estimate", "expect",
"intend", "may", "plan", "predict", "project", "will" and
similar terms and phrases, including references to
assumptions, as they relate to Head NV, its management or
third parties, identify forward-looking statements.
Forward-Looking statements include statements regarding Head
NV's business strategy, financial condition, results of
operations, and market data, as well as any other statements
that are not historical facts. These statements reflect
beliefs of Head NV's management as well as assumptions made
by its management and information currently available to Head
NV. Although Head NV believes that these beliefs and
assumptions are reasonable, the statements are subject to
numerous factors, risks and uncertainties that could cause
actual outcomes and results to be materially different from
those projected. These Factors include, but are not limited
to, the following: the still possible impact of the global
economic turmoil, weather and other factors beyond our
control, competitive pressures and trends in the sporting
goods industry, our ability to implement our business
strategy, our liquidity and capital expenditures, our ability
to obtain financing, our ability to compete, including
internationally, our ability to introduce new and innovative
products, legal proceedings and regulatory matters, our
ability to fund our future capital needs, and general
economic conditions. These factors, risks and uncertainties
expressly qualify all subsequent oral and written
forward-looking statements attributable to Head NV or persons
acting on its behalf.
Head NV
Prins Bernhardplein 200,
1097 JB Amsterdam
Shares:
ISIN: NL0000238301
Stock Market: Official Market of the Vienna Stock
Exchange
Notes:
HTM Senior Notes ISIN: XS0184717956 and XS0184719143
Listing: Luxembourg Stock Exchange
Downloads (.pdf, 53.4 kb)
1st Jan change | Capi. | |
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+11.64% | 674.96Cr | |
-36.84% | 137.93Cr | |
-12.79% | 118.05Cr | |
-25.29% | 99Cr | |
-12.76% | 49Cr | |
+20.41% | 45Cr | |
-45.19% | 41Cr | |
-40.88% | 33Cr | |
-64.36% | 29Cr |