11/06/2008 | 08:00 CEST | Group Announcements
The complete revision of the Articles of Association of Sonova Holding AG was approved. The most important amendments are:
The capital reduction owing to the share buy-back program was approved. By cancelling 1,395,000 shares with a par value of CHF 0.05 each, which were repurchased in the period from September 20, 2007 to April 25, 2008 pursuant to the share buy-back program, the share capital is reduced by CHF 69,750.00 from CHF 3,372,575.30 to CHF 3,302,825.30.
Heliane Canepa was re-elected as a member of the Board of Directors for the statutory term of office of three years and PricewaterhouseCoopers AG, Zürich, was re-elected as Statutory Auditors for a further period of one year.