EQS-Adhoc: init innovation in traffic systems SE decides share buyback
EQS-Ad-hoc: init innovation in traffic systems SE / Key word(s): 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 26,500 own shares (pursuant to § 71 (1.8) AktG) for a maximum total purchase price of EUR 500,000 (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 buyback during the period from 27 October 2022 to 23 December 2022 on the stock exchange.
Contact: Person making the notification: Simone Fritz Investor Relations [email protected]
25-Oct-2022 CET/CEST The EQS 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: | 1471805 |
End of Announcement | EQS News Service |
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1471805 25-Oct-2022 CET/CEST
Init Innovation In Traffic Systems SE Stock
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