EQS-News: AT&S Austria Technologie & Systemtechnik AG / Key word(s):
AGM/EGM
Publication of a resolution of the Annual General Meeting pursuant to
Section 119 Para 9 Austrian Stock Exchange Act in connection with Section
2 Para 1 Austrian Publication Regulation 2018
03.07.2025 / 16:03 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Publication of a resolution of the Annual General Meeting pursuant to
Section 119 Para 9 Austrian Stock Exchange Act in connection with Section
2 Para 1 Austrian Publication Regulation 2018
The ordinary Annual General Meeting of AT & S Austria Technologie &
Systemtechnik Aktiengesellschaft held on July 3, 2025 adopted the
following resolution in relation to the eleventh (11) item of the agenda
(Resolution regarding the authorization of the Management Board to
repurchase shares in the Company in accordance with Section 65 (1) (8)
Stock Corporation Act and to cancel shares and of the Supervisory Board to
adopt the amendments to the Articles of Association resulting from such
cancellation as well as on the revocation of the respective existing
authorization granted by resolution in the General Meeting of July 6,
2023):
The authorization of the Management Board to repurchase shares in the
Company in accordance with Section 65 (1) (8) Stock Corporation Act and to
cancel shares and of the Supervisory Board to adopt the amendments to the
Articles of Association resulting from such cancellation, granted by
resolution in the 29th Ordinary General Meeting of July 6, 2023 under item
11. of the agenda was revoked and at the same time the Management Board
was authorized
a. according to Section 65 (1) (8) Stock Corporation Act to purchase,
within a period of 30 months from the adoption of the resolution of
the General Meeting,
b. own shares to an extent of up to 10% of the nominal capital of the
Company,
c. for a minimum consideration per share being at the utmost 30% lower
than the average, unweighted stock exchange closing price over the
preceding ten trading days and a maximum consideration per share being
at the utmost 30% higher than the average, unweighted stock exchange
closing price over the preceding ten trading days.
The authorization also extends to the repurchase of the Company’s stock by
subsidiaries of the Company (Section 66 Stock Corporation Act). Such
repurchases may take place via the stock exchange or a public offering or
by other legal means, and for any legally permissible purpose.
The Management Board was also authorized to cancel stock repurchased or
already held by the Company without further resolution of the General
Meeting. The Supervisory Board was authorized to adopt amendments to the
Articles of Association arising from the cancellation of shares.
This authorization may be exercised in total or partially and also in
several tranches.
Leoben-Hinterberg, July 2025
The Management Board
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03.07.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
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Language: English
Company: AT&S Austria Technologie & Systemtechnik AG
Fabriksgasse 13
8700 Leoben
Austria
Phone: +43 (1) 3842200-0
E-mail: ir@ats.net
Internet: www.ats.net
ISIN: AT0000969985, AT0000A09S02
WKN: 922230
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Vienna Stock Exchange (Official Market)
EQS News ID: 2164930
End of News EQS News Service
2164930 03.07.2025 CET/CEST
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