Shareholder structure

Buyback of shares

The shareholders' meeting of 12 May, 2010 has passed the following decision:

 

"The meeting decides to renew the authorisation granted to the Board of Directors, for a period of five years, to proceed with the buyback of shares, in accordance with article 620, § 1, fifth paragraph of the Company Code. This authorisation gives the Board of Directors the option, without prior approval of the shareholders' meeting, to acquire company shares up to a maximum of twenty percent of the outstanding capital. The acquisition or exchange may occur against a price equal to at least eighty-five percent and at most one hundred and fifteen percent of the last closing price of these shares on Eurolist by Euronext Brussels, on the day preceeding that of the acquisition or exchange. This authorisation is valid for a period of five years as of the publication of the above-mentioned decision in the Annexes to the Belgian State Gazette and can be renewed in accordance with article 620 and following of the Company Code."