CEWE STIFTUNG & CO. KGAA (FRA:CWC) CEWE decides to buy back own company shares
Transparency directive : regulatory news
30/08/2021 19:48
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DGAP-Ad-hoc: CEWE Stiftung & Co. KGaA / Key word(s): Share Buyback
CEWE decides to buy back own company shares
30-Aug-2021 / 19:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
CEWE decides to buy back own company shares
Oldenburg, 30 August 2021. The Board of Management of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) resolved today - in continuation of the previous share buyback that expired on April 1, 2021 - to buy back up to 200,000 own company shares on the stock exchange with a volume of up to EUR 20 million in the period from 1 September 2021 to 30 May 2022. The repurchase is based on authorisation granted at the Annual General Meeting of 31 May 2017 to acquire up to 10 % of the company's own shares. The equivalent value per share (excluding extra acquisition charges) may not exceed the stock exchange quotation determined in the opening auction in XETRA trading on the Frankfurt Stock Exchange on the relevant trading day by more than 10 %.
The share buyback will be carried out by an independent credit institution upon application of the safe harbour regulations.
CEWE Stiftung & Co. KGaA provides information on the progress of the repurchase program on the company's website at: https://ir.cewe.de/websites/cewe/English/1000/the-cewe-share.html
Person making the notification: Axel Weber
Head of Investor Relations
CEWE Stiftung & Co. KGaA
email: IR@cewe.de
30-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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| Language: |
English |
| Company: |
CEWE Stiftung & Co. KGaA |
|
Meerweg 30-32 |
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26133 Oldenburg |
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Germany |
| Phone: |
+49 (0)441 40 4-1 |
| Fax: |
+49 (0)441 40 4-42 1 |
| E-mail: |
IR@cewe.de |
| Internet: |
www.cewe.de |
| ISIN: |
DE0005403901 |
| WKN: |
540390 |
| Indices: |
SDAX |
| Listed: |
Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: |
1229888 |
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| End of Announcement |
DGAP News Service |
1229888 30-Aug-2021 CET/CEST
