This share buy back plan was launched on the 16th of November 2010 to support the conversion process of its convertible bond which was redeemed on December 17th, 2010. Under the terms of the share buy back plan,Temenos had approval to buy back up to six million shares until the 15th of November 2011.
Between inception and closure of the plan, Temenos purchased 3,123,695 shares.
-Ends -
About Temenos
Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic and microfinance & community banks. Headquartered in Geneva with more than 60 offices worldwide, Temenos serves over 1,500 customers
in more than 125 countries across the world. Temenos’ software products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos’ experience in over 700 implementations around the globe. Temenos customers are proven to be more profitable than their peers: data
from The Banker – top 1000 banks shows that Temenos’ customers enjoy a 54% higher return on assets, a 62% higher return on capital and a cost/income ratio that is 7.2 points lower than non-Temenos customers.
For more information please visit www.temenos.com
Other Temenos contacts:
Max Chuard
Temenos Director
Corporate Finance & IR
Member of the Executive Board
Tel: +41 22 708 14 82
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Petra Shuttlewood
Temenos PR Manager
Tel: +44 (0) 207 423 3751
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Sarah Bowman
Associate Director, Investor Relations
Tel: +1 646 472 8069
Mob: +1 646 752 5463
This email address is being protected from spambots. You need JavaScript enabled to view it.
Claire Barry
Hudson Sandler for Temenos
T +44 (0)20 7710 8940
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Lucy Clark
Hudson Sandler for Temenos
T +44 (0)20 7710 8934
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
