BASLER AG (FRA:BSL) Basler AG: Resolution adopted about buying additional own shares
Transparency directive : regulatory news
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DGAP-Ad-hoc: Basler AG / Key word(s): Share Buyback Inside Information according to Article 17 MAR Basler AG: Resolution adopted about buying additional own shares Ahrensburg, March 11, 2020 - The Management Board and the Supervisory Board of Basler AG have decided today to buy back additional own shares. On the basis of a solid liquidity as well as an effective resolution of the annual shareholders' meeting of May 16, 2019, the company wants to take advantage of the currently favorable share price in order to buy back additional non-par bearer shares via the stock market. The buyback will be carried out starting as soon as possible. In November 2018, the company ultimately bought back non-par bearer shares on the capital market and currently holds 4.7 % (492,243 pieces) of own shares. ------ Basler is the leading manufacturer of high-quality cameras and image processing components for industry, medicine, traffic and a variety of other markets. The company's product portfolio encompasses area scan and line scan cameras in compact housing dimensions, camera modules in board level variants for embedded solutions, 3D cameras, as well as frame grabber cards. The catalog is rounded off by our user-friendly pylon SDK plus a broad spectrum of accessories, including several developed specially for Basler and optimally harmonized for our cameras. Basler has three decades of experience in computer vision and is home to approximately 800 employees. Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 - 62, 22926 Ahrensburg, Tel. +49 (0)4102-463100, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008 Contact: Basler AG Verena Fehling Tel. +49 4102 463 101 Email: Verena.fehling@baslerweb.com
11-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Basler AG |
| An der Strusbek 60-62 | |
| 22926 Ahrensburg | |
| Germany | |
| Phone: | 04102-463 0 |
| Fax: | 04102-463 109 |
| E-mail: | ir@baslerweb.com |
| Internet: | www.baslerweb.com |
| ISIN: | DE0005102008 |
| WKN: | 510200 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 994849 |
| End of Announcement | DGAP News Service |
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994849 11-March-2020 CET/CEST