Ad-hoc | 30 March 2023 19:00
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HUBER+SUHNER AG / Key word(s): Share Buyback
Ad hoc announcement pursuant to Art. 53 LR – 30.03.2023 HUBER+SUHNER AG today announces the completion of the share buyback programme launched in October 2021. By reaching the targeted buyback of HUBER+SUHNER AG shares in the amount of 5 % of the share capital, the programme, which was launched on 29 October 2021, has been concluded. This will result in a sustainable increase of earnings per share. The 1 010 000 shares of HUBER+SUHNER AG were repurchased at an average price of CHF 80.61 per share via a second trading line on the SIX Swiss Exchange. The shares acquired under this programme will be proposed for cancellation by means of a capital reduction at the next Annual General Meeting on 27 March 2024. Further information about the completed share buyback programme is available at https://www.hubersuhner.com/en/company/investors/share-information This media release can also be found at https://www.hubersuhner.com/en/company/media/news and is also available in German. The German version is binding. Media release as PDF Link
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HUBER+SUHNER AG
End of Inside Information |
| Language: | English |
| Company: | HUBER+SUHNER AG |
| Tumbelenstrasse 20 | |
| 8330 Pfäffikon ZH | |
| Switzerland | |
| Internet: | www.hubersuhner.com |
| ISIN: | CH0030380734 |
| Valor: | 3038073 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1597593 |
| End of Announcement | EQS News Service |