QIAGEN N.V.: QIAGEN to conduct share repurchase program, reviewing current debt structure in light of interest rate environment

QIAGEN N.V.  / Key word(s): Share Buyback

24.07.2012 22:00

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

AD HOC Announcement According to §15 WpHG

QIAGEN N.V.: 

QIAGEN to conduct share repurchase program, reviewing current debt
structure in light of interest rate environment

Venlo, The Netherlands, July 24 - QIAGEN N.V. (NASDAQ: QGEN; Frankfurt
Prime Standard: QIA) announced today that its Managing Board, upon
authorization of the Supervisory Board, has passed a resolution to exercise
the authorization granted by the General Meeting of Shareholders on June
27, 2012, and to purchase shares in the Company up to a total of $100
million (excluding transaction costs). Based on the closing price on July
23, this represents approximately six million shares. The repurchase
program is scheduled to begin at the earliest on July 30, 2012, and to be
completed at the latest by December 27, 2013. Details of the repurchase
program will be announced before its actual commencement in line with
Article 4, Section (2) of EC regulation 2273/2003 (so called Safe Harbour).
Repurchased shares will be held in treasury in order to satisfy obligations
from exchangeable debt instruments and/or employee
share-based remuneration plans.

QIAGEN also announced that was reviewing its current debt structure and may
take advantage of the currently low mid-to-long-term interest rates.

Contacts QIAGEN N.V.:

Corporate Communications

John Gilardi, Tel: +49 2103 29 11711; ir@qiagen.com

Thomas Theuringer, Tel: +49 2013 29 11826 pr@qiagen.com


24.07.2012 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:      QIAGEN N.V.
              Spoorstraat 50
              5911 KJ Venlo
              Netherlands
Phone:        +31 77320 840-0
Fax:          +31 77320 840-9
E-mail:       qiagen@qiagen.com
Internet:     www.qiagen.com
ISIN:         NL0000240000
WKN:          901626
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart;
              Terminbörse EUREX
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------