SYRACUSE, N.Y. & ZURICH, Switzerland, Jul 28, 2006 (BUSINESS WIRE) -- INFICON (SWX Swiss Exchange: IFCN) announced that a partial par value repayment of CHF 5.00 per share will take place on July 31, 2006, following the expiration of the required two-month period for registration of claims pursuant to the statutory creditor protection procedure, during which time no claims were filed.
At the Regular Annual General Meeting on May 4, 2006, shareholders approved the reduction of the share capital from CHF 23,340,740 to CHF 11,670,370 and a distribution of the difference of CHF 11,670,370 to shareholders for all 2,334,074 outstanding shares. The par value repayment will be settled in cash.
As of Monday July 31, 2006, the registered shares of INFICON will be traded on the SWX Swiss Exchange at a par value of CHF 5.00 each.
Through this par value repayment, combined with the gross dividend of CHF 5.00 distributed on May 9, 2006, INFICON shareholders will have received a gross total of CHF 10.00 for each INFICON share this year.
INFICON is a leading developer, manufacturer and supplier of innovative instrumentation, critical sensor technologies, and advanced process control software for the semiconductor and vacuum-coating industries and other industrial applications. These analysis, measurement and control products are vital to original equipment manufacturers (OEMs) and end-users in the complex manufacturing of semiconductors, flat panel displays, magnetic and optical storage media and precision optics. INFICON also provides essential instrumentation for gas leak detection to the air conditioning/refrigeration industries and toxic chemical analysis for the emergency response and security markets. With executive offices in Syracuse, New York, INFICON has world-class manufacturing facilities in the United States and Europe and subsidiaries in the U.S., China, France, Germany, Japan, Korea, Liechtenstein, Singapore, Switzerland, Taiwan, and the United Kingdom. INFICON registered shares (IFCN) are listed on the SWX Swiss Stock Exchange. For more information about INFICON and its products, please visit www.inficon.com.