Yesterday Getronics finalised its programme to buy back shares to cover employee options granted in 2003 and 2004. Between 3 May and 27 May 2004 the Company bought 5.5 million ordinary shares (representing just over 1% of the outstanding ordinary shares) at an average price of EUR 2.14 in the open market. The buy-back programme was announced in the Company’s Annual Report and discussed at the Annual General Meeting of Shareholders.
About Getronics
With approximately 22,000 employees in over 30 countries and ongoing revenues of EUR 2.6 billion in 2003, Getronics is one of the world's leading providers of vendor independent Information and Communication Technology (ICT) solutions and services. Getronics today combines the capabilities of the original Dutch company with those of Wang Global, acquired in 1999, and of the systems and services division of Olivetti. Getronics is ranked second worldwide in network and desktop outsourcing and fourth worldwide in network consulting and integration (Source: IDC 2002-2003). Getronics designs, integrates and manages ICT infrastructures and business solutions for many of the world's largest global and local companies and organisations, helping them maximise the value of their information technology investments. Getronics headquarters are in Amsterdam, with regional headoffices in Boston, Madrid and Singapore. Getronics’ shares are raded on Euronext Amsterdam ("GTN"). For further information about Getronics, visit www.getronics.com