TITAN

Titan’s AGM approved on Friday the distribution of distribution of DPS of EUR 0.05 and return of capital of EUR 0.50 (ex-dividend on 25/6 and ex-capital return on 26/6). The AGM also decided to terminate the share buy-back programme that had been approved by the General Meeting dated 17.6.2016 and would expire on 17.6.2018.  During this period, the company bought back in total 1,758,156 own shares (1,601,474 common and 153,210 preference shares), corresponding to 2.08% of the company's share capital, at an average purchase price of EUR 20.08 per common share and EUR 14.10 per preference share, paying in total EUR  34.4m.

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