DGAP-Adhoc: Munich Re resolves share buy-back

 DGAP-Adhoc: Munich Re resolves share buy-back  Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München  /  Key word(s): Corporate Action/Share Buyback  20.03.2014 07:38  Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.  ---------------------------------------------------------------------------  In the period commencing after the 2014 Annual General Meeting and extending up to the 2015 Annual General Meeting, Munich Re intends to buy back up to 13 million shares for a maximum purchase price of EUR1bn.  On the basis of the authorisation granted by the Annual General Meeting on 20 April 2011 or a future authorisation, Munich Reinsurance Company's Board of Management has resolved to buy back up to 13 million shares for a maximum total purchase price of EUR1bn (excluding incidental expenses) in the period between 1 May 2014 and, at the latest, the Annual General Meeting on 23 April 2015. On the basis of the current share price (status: 19 March 2014), this would amount to around 3,7 % of the share capital.  20.3.2014   ---------------------------------------------------------------------------  Information and Explaination of the Issuer to this News:  This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.  20.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de  ---------------------------------------------------------------------------   Language:     English Company:      Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in  München               Königinstraße 107               80802 München               Germany Phone:        +49(0) 89 3891-0 Fax:          +49(0) 89 399 056 E-mail:       shareholder@munichre.com Internet:     www.munichre.com ISIN:         DE0008430026, DE0008430026 WKN:          843002, 843002 Indices:      DAX, EURO STOXX 50 Listed:       Regulierter Markt in Frankfurt (Prime Standard), München;               Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,               Stuttgart; Terminbörse EUREX; Mailand   End of Announcement                             DGAP News-Service   ---------------------------------------------------------------------------  
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