Bematech
 

Bematech announces Share Buyback Program

Bematech S/A (BM&FBovespa: BEMA3), the leader in Brazil’s retail store automation market, hereby announces that on April, 4th, the Board of Directors authorized the Company’s common share buyback program. The program will be implemented as funds become available, using reserves and without any reduction in the capital. The shares repurchased will be held in treasury for subsequent sale or cancellation, in accordance with Paragraph 1, Item “b”, Article 30 of Federal Law 6,404 of December 15, 1976, CVM Rule 10 of February 14, 1980, as amended by CVM Rules 268 of November 13, 1997 and 390 of July 8, 2003, as well as Article 6, Paragraph 4 and Article 24, item "m" of Bematech’s Bylaws.

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Last Update: April 06, 2011