EQS-News: Wienerberger AG / Key word(s): Share Buyback
Wienerberger resolves on buyback program for own shares
06.09.2024 / 11:16 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Wienerberger resolves on buyback program for own shares
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, 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.
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 to comply
with the conditions for trading laid down in Article 3 of the Commission
Delegated Regulation (EU) 2016/1052 of 8 March 2016.
Terms and Conditions of the buyback program
Date of the authorization granted by the Annual General Meeting pursuant
to sect. 65 para. 1 item (8) of the Stock Corporation Act: May 7, 2024
(Resolution published via an electronic information dissemination system
on May 7, 2024, as well as the electronic publication tool EVI on May 8,
2024)
Commencement and expected term: September 11, 2024 (inclusive) until
presumably October 15, 2024 (inclusive)
Type of shares: bearer shares (ISIN AT0000831706)
Intended volume: up to 1,125,000 shares, corresponding to up to approx.
1.0% of Wienerberger AG's current share capital
Maximum amount to be spent by Wienerberger AG for the share buyback
program: EUR 35,000,000
Maximum price limit per share (maximum consideration) and minimum price
limit per share (lowest consideration): In accordance with the
authorization granted by the Annual General Meeting and the resolution of
the Managing Board, the consideration needs to be at least 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.
Type of buyback: Buyback via the Vienna Stock Exchange
Reason for the buyback: Use of own shares for all purposes in accordance
with the authorization granted by the Annual General Meeting on May 7,
2024 or any subsequent authorization to be granted by a general meeting
Impact of the buyback on the admission of the shares of Wienerberger AG to
stock exchange trading: None
Purchases will be made by a credit institution which has to take its
decision on the timing of the buyback of Wienerberger AG shares
independently of Wienerberger AG and to comply with the conditions for
trading laid down in Article 3 of the Commission Delegated Regulation (EU)
2016/1052 of 8 March 2016.
Notice: The details on the transactions performed within the framework of
the buyback program as well as any modifications of the buyback program
are published on the website of Wienerberger AG:
((1)https://www.wienerberger.com/en/investors/share.html)
Notice: This publication serves for the purpose of publication pursuant to
sect. 4 and sect. 5 of the Publication Ordinance 2018. 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.
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06.09.2024 CET/CEST This Corporate News was distributed 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: 1982851
End of News EQS News Service
1982851 06.09.2024 CET/CEST
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