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EQS-Ad-hoc: Alzchem Group AG / Key word(s): Share Buyback
Alzchem Group AG: Alzchem Group AG resolves to buy back shares for up to EUR 6 million
05-Nov-2024 / 14:42 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Trostberg, November 5, 2024 – The Management Board of Alzchem Group AG has resolved, with the approval of the Supervisory Board, to buy back up to 100.000 shares in the company via the stock exchange for a total purchase price of up to EUR 6 million (excluding transaction costs) over a period of up to 12 months from December 2024.
The buyback is for the purpose of (i) using the acquired shares as acquisition currency, (ii) issuing them to employees of the Alzchem Group or (iii) redeeming the shares. Other legally permissible purposes are not excluded.
The buyback will be carried out in accordance with the provisions of the authorization of the Annual General Meeting 2024 and the Delegated Regulation (EU) 2016/1052. Further details of the buyback will be announced separately immediately before its commencement.
End of Inside Information
05-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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| Language: |
English |
| Company: |
Alzchem Group AG |
|
Dr.-Albert-Frank-Str. 32 |
|
83308 Trostberg |
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Germany |
| Phone: |
+498621862888 |
| Fax: |
+49862186502888 |
| E-mail: |
ir@alzchem.com |
| Internet: |
www.alzchem.com |
| ISIN: |
DE000A2YNT30 |
| WKN: |
A2YNT3 |
| Indices: |
SDAX |
| Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Stuttgart |
| EQS News ID: |
2022951 |
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| End of Announcement |
EQS News Service |
2022951 05-Nov-2024 CET/CEST
