March 13, 2018 / 7:12 PM / in 3 months

BRIEF-Software AG To Cancel Treasury Shares And To Decrease Share Capital

March 13 (Reuters) - Software Ag:

* DECIDES TO CANCEL TREASURY SHARES AND TO DECREASE THE SHARE CAPITAL

* SAYS ‍SOFTWARE AG DECIDES TO CANCEL TREASURY SHARES AND TO DECREASE SHARE CAPITAL​

* TO REDEEM 2,400,000 TREASURY SHARES AND TO DECREASE SHARE CAPITAL ACCORDINGLY BY EUR 2,400,000​

* SAYS ‍DECIDED TODAY TO REDEEM 2,400,000 TREASURY SHARES WHICH HAD BEEN ACQUIRED BY COMPANY IN PREVIOUS YEARS​

* SAYS ‍AFTER SHARE CAPITAL DECREASE, CURRENT SHARE CAPITAL OF SOFTWARE AG OF EUR 76,400,000 WILL AMOUNT TO EUR 74,000,000 AND WILL BE DIVIDED INTO 74,000,000 SHARES​

* SAYS ‍AFTER REDEMPTION OF 2,400,000 TREASURY SHARES, SOFTWARE AG WILL STILL HOLD 23,761 TREASURY SHARES​ Further company coverage:

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