MBB resolves public share buyback offer at a price of € 96.00 per share
EQS-Ad-hoc: MBB SE / Key word(s): Share Buyback Disclosure of inside information acc. to Article 17 MAR MBB resolves public share buyback offer at a price of € 96.00 per share Berlin, 31 January 2024 - The board of MBB SE (ISIN DE000A0ETBQ4) resolved today to make use of the authorization granted by the Annual General Meeting on 12 June 2023 to acquire treasury shares in accordance with Section 71 (1) No. 8 AktG and to offer shareholders the buyback of up to 571,639 treasury shares (approx. 10% of the share capital) as part of a voluntary public buyback offer addressed to all shareholders. The share buyback will take place at an offer price of € 96.00 per share. The period for acceptance of the offer begins on 05 February 2024 and ends on 04 March 2024. Details of the share buyback will be published shortly on the company's website at www.mbb.com/en/ir/shares/buyback as well as the German Federal Gazette (www.bundesanzeiger.de). Against the background of the extraordinary substance and the high cash flow in the Group, MBB is aiming to increase the value per share with the buyback and still has sufficient financial resources for organic growth and growth through acquisitions. MBB SE
End of Inside Information
31-Jan-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | MBB SE |
Joachimsthaler Strasse 34 | |
10719 Berlin | |
Germany | |
Phone: | +49 (0) 30 844 15 330 |
Fax: | +49 (0) 30 844 15 333 |
E-mail: | anfrage@mbb.com |
Internet: | www.mbb.com |
ISIN: | DE000A0ETBQ4 |
WKN: | A0ETBQ |
Indices: | PXAP |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1827279 |
End of Announcement | EQS News Service |
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1827279 31-Jan-2024 CET/CEST