Lindt & Sprüngli starts buyback program for registered shares and participation certificates
EQS Group-Ad-hoc: Chocoladefabriken Lindt & Sprüngli AG / Key word(s): Miscellaneous Press Release Buyback Program 2021/2022 | May 31, 2021 The buyback begins on June 1, 2021 and lasts until December 30, 2022 at the latest. For the buyback, a separate trading line for each of the registered shares and PCs will be opened on SIX Swiss Exchange AG. The buyback is based on the high liquidity, solid balance sheet, and continuously high cash flow of Lindt & Sprüngli. The Board of Directors intends to propose the capital reduction by cancellation of the repurchased registered shares and PCs at upcoming Annual General Meetings. The ordinary trading of registered shares and PCs will not be affected by this measure and will continue normally. The Board of Directors also intends to maintain the existing dividend policy in the future.
Kilchberg, May 31, 2021 - The Chocoladefabriken Lindt & Sprüngli AG starts a buyback program for Lindt & Sprüngli registered shares and participation certificates (PCs) in the amount of up to CHF 750 million. Media Contact | +41 44 716 22 33 | media@lindt.com
About Lindt & Sprüngli End of ad hoc announcement |
Language: | English |
Company: | Chocoladefabriken Lindt & Sprüngli AG |
Seestrasse 204 | |
8802 Kilchberg | |
Switzerland | |
Phone: | + 41 44 716 25 37 |
E-mail: | investors@lindt.com |
Internet: | www.lindt-spruengli.com |
ISIN: | CH0010570759, CH0010570767 |
Valor: | 1057075, 1057076 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1202333 |
End of Announcement | EQS Group News Service |
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1202333 31-May-2021 CET/CEST