EQS-Adhoc: CEWE Stiftung & Co. KGaA: CEWE decides to buy back own company shares
EQS-Ad-hoc: CEWE Stiftung Co. KGaA / Key word(s): Share Buyback
CEWE Stiftung Co. KGaA: CEWE decides to buy back own company shares
15-Aug-2024 / 14:38 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.
CEWE decides to buy back own company shares
Oldenburg, August 15, 2024. The Board of Management of CEWE Stiftung Co. KGaA (SDAX, ISIN: DE 0005403901) today resolved to buy back up to 250,000 own shares with a volume of up to 20 million euros via the stock exchange in the period from August 16, 2024 to May 30, 2025. This corresponds to around 3.3 percent of the company's share capital. The buy-back is based on the authorization given by the Annual General Meeting on June 15, 2022 to acquire treasury shares representing a total of up to 10 percent of the capital stock. The treasury shares acquired in this way are to be used for the purposes permitted under the authorization granted by the Annual General Meeting on June 15, 2022.
Further details will be provided by CEWE Stiftung Co. KGaA before and during the program.
Notifying person: Axel Weber
Head of Investor Relations
CEWE Stiftung Co. KGaA
email: IR@cewe.de
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