DGAP-Adhoc: init innovation in traffic systems SE decides share buy-back
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DGAP-Ad-hoc: init innovation in traffic systems SE / Key word(s): Share Buyback/Share Buyback The managing board of init innovation in traffic systems SE has decided in accordance with the resolution of the general meeting of 26 May 2020, topic 7 of the agenda to repurchase up to 25,140 own shares (pursuant to § 71 (1.8) AktG) for a maximum total purchase price of EUR 860,000 (without additional charges) via the stock exchange. The repurchased shares are to be used for existing and future employee share program, incentive program for members of the managing board and managing directors, as acquisition currency and/or for cash to third party. It is planned to transact the share buy-back during the period from 28 July 2020 to 30 October 2020 on the stock exchange.
Contact: Person making the notification: Simone Fritz Investor Relations [email protected]
28-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | init innovation in traffic systems SE |
| Käppelestraße 4-10 | |
| 76131 Karlsruhe | |
| Germany | |
| Phone: | +49 (0)721 6100 0 |
| Fax: | +49 (0)721 6100 399 |
| E-mail: | [email protected] |
| Internet: | www.initse.com |
| ISIN: | DE0005759807 |
| WKN: | 575980 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1103619 |
| End of Announcement | DGAP News Service |
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1103619 28-Jul-2020 CET/CEST
Init Innovation In Traffic Systems SE Stock
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