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Siemens decides on share buyback

The share buyback will be carried out under the authorization granted at the Annual Shareholders' Meeting on January 25, 2011. The share buyback serves exclusively for the purpose of retiring shares and reducing capital, for issuing shares to employees, board members of affiliated companies and members of the Managing Board, and for meeting obligations under convertible and/or warrant bonds.
In the framework of 'One Siemens', the company has set the goal of reaching a ratio of adjusted industrial net debt to EBITDA of 0.5 to 1. At the close of fiscal 2013, the ratio was roughly at 0.3.

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This press release was updated on 07.11.2013 at 10:55 PM CET.
Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is one of the world's largest providers of environmental technologies. Around 43 percent of its total revenue stems from green products and solutions. In fiscal 2013, which ended on September 30, 2013, revenue from continuing operations totaled €75.9 billion and income from continuing operations €4.2 billion. At the end of September 2013, Siemens had around 362,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at:
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Alexander Becker

Siemens AG

Wittelsbacherplatz 2
80333 Munich

+49 (89) 636-36558