Management Board of Leifheit AG resolved share buy-back program with a total volume of up to € 8.5 million with the approval of the Supervisory Board
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EQS-Ad-hoc: Leifheit Aktiengesellschaft / Key word(s): Share Buyback Leifheit Aktiengesellschaft: Management Board of Leifheit AG resolved share buy-back program with a total volume of up to € 8.5 million with the approval of the Supervisory Board Nassau/Germany, 2 May 2024 – Considering the robust liquidity situation, the Board of Management of Leifheit AG (ISIN DE0006464506) resolved with the approval of the Supervisory Board a share buy-back program today, with a total volume of up to € 8.5 million (excluding transaction costs) and with an expected term from 13 May 2024 until 11 December 2024. The shares will be acquired via XETRA trading on the Frankfurt Stock Exchange and via Tradegate Exchange. The share buy-back program is intended to enable shareholders to participate in the company's good liquidity situation over and above the dividend. The Board of Management is making use of the authorization granted by the Annual General Meeting on 30 September 2020, to acquire treasury shares of the company until 29 September 2025 up to an amount of 10% of the share capital existing at the time this authorization is exercised. The share buy-back program will be carried out by an independent credit institute, that will decide on the timing of the acquisition of the shares of Leifheit AG independently and uninfluenced by Leifheit AG. The Board of Management reserves the right to suspend and, if necessary, resume or prematurely terminate the program at any time. Further details will be announced before the start of the share buy-back program. The company will report on its website www.leifheit-group.com/investor-relations/ on the progress of the share buy-back program. All legally permissible purposes may be considered for the use of the treasury shares acquired, in particular use as consideration in connection with the acquisition of companies, parts of companies or interests in companies or other assets, as well as in connection with mergers. Leifheit AG remains committed to its existing dividend policy. Contact: Leifheit AG Petra Dombrowsky Executive Assistant/CIRO D-56377 Nassau ir@leifheit.com +49 2604 977218 End of Inside Information
02-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Leifheit Aktiengesellschaft |
| Leifheitstraße 1 | |
| 56377 Nassau | |
| Germany | |
| Phone: | 02604 977-0 |
| Fax: | 02604 977-340 |
| E-mail: | ir@leifheit.com |
| Internet: | www.leifheit-group.com |
| ISIN: | DE0006464506 |
| WKN: | 646450 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1894569 |
| End of Announcement | EQS News Service |
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1894569 02-May-2024 CET/CEST
