Wienerberger resolves on buyback program for own shares

EQS-News: Wienerberger AG / Key word(s): Share Buyback
   Wienerberger resolves on buyback program for own shares

   20.12.2024 / 13:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   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, December 20, 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 December 30, 2024 (inclusive) and presumably February 7, 2025
   (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: December 30, 2024 (inclusive) until
   presumably February 7, 2025 (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.

   ══════════════════════════════════════════════════════════════════════════

   20.12.2024 CET/CEST This Corporate News was distributed by EQS Group.
   www.eqs.com

   ══════════════════════════════════════════════════════════════════════════

   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: 2055987


    
   End of News EQS News Service


   2055987  20.12.2024 CET/CEST

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fca69fe66a7873f1d3c6ffa23bae8f1a&application_id=2055987&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news