EQS-Adhoc: ADHOC / Wienerberger resolves on share buyback program
EQS-Adhoc: ADHOC / Wienerberger resolves on share buyback program
EQS-Ad-hoc: Wienerberger AG / Key word(s): Share Buyback
ADHOC / Wienerberger resolves on share buyback program
06-Sep-2024 / 11:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.
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ADHOC / Wienerberger resolves on share buyback program
Buyback of up to 1,125,000 shares corresponding to up to approx. 1.0% of
Wienerberger AG’s share capital planned
Vienna, September 6, 2024 – Based on the authorization granted by the
155th Annual General Meeting on May 7, 2024 pursuant to sect. 65 para. 1
item (8) of the Stock Corporation Act, which was published via an
electronic information dissemination system on May 7, 2024, as well as the
electronic publication tool EVI on May 8, 2024, the Managing Board of
Wienerberger AG today decided to buy back own ordinary bearer shares of
the Wienerberger AG at their market price via the Vienna Stock Exchange
between September 11, 2024 (inclusive) and presumably October 15, 2024
(inclusive). A total of up to 1,125,000 shares, corresponding to up to
approx. 1.0% of the share capital, can be bought back at a minimum price
of EUR 1.00 per share. The maximum price per share may not be more than
20% above the average, unweighted stock exchange closing price of the
Wienerberger share on the previous ten stock exchange trading days prior
to the respective share buyback. The maximum purchase price for shares
under the share buyback program amounts to EUR 35,000,000. The shares
bought back are to be used for all purposes in accordance with the
authorization resolution granted by the Annual General Meeting on May 7,
2024. The buyback will have no impact on the admission of the shares of
Wienerberger AG to stock exchange trading.
A credit institution will be mandated to execute the share buyback. The
credit institution has to take its decision on the timing of the buyback
of Wienerberger AG shares independently of Wienerberger AG and comply with
the conditions for trading laid down in Article 3 of the Commission
Delegated Regulation (EU) 2016/1052 of 8 March 2016.
Note pursuant to sect. 5 para. 4 of the Publication Ordinance 2018: (i)
The details on the transactions performed within the framework of the
buyback program to be disclosed pursuant to sect. 7 of the Publication
Ordinance 2018 as well as (ii) any modifications of the buyback program to
be disclosed pursuant to sect. 6 of the Publication Ordinance 2018 are
published on the website of Wienerberger AG
([1] https://www.wienerberger.com/en/investors/share.html). This
publication neither constitutes a public offering for the purchase of
Wienerberger AG shares, nor does it create an obligation for Wienerberger
AG or any of its subsidiaries to accept offers for the buyback of
Wienerberger AG shares.
End of Inside Information
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06-Sep-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com
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Language: English
Company: Wienerberger AG
Wienerbergerplatz 1
1100 Wien
Austria
Phone: +43 1 60 192-0
Fax: +43 1 60 192-10159
E-mail: investor@wienerberger.com
Internet: www.wienerberger.com
ISIN: AT0000831706
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1982847
End of Announcement EQS News Service
1982847 06-Sep-2024 CET/CEST
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