Continental Wants To Buy Back Shares

The German newspaper Handelsblatt says in today’s issue that Continental is planning to buy back its own shares. This will be confirmed at the general meeting taking place on May 19th. The Supervisory Board proposes the usual limit of 10 p.

c. of the original capital and a time limit up until the end of October 2001. With this move Continental wants to keep the option open to make acquisitions by exchanging shares.