Transaction in Own Shares • Aug 20, 2018
Transaction in Own Shares
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News Details
Ad-hoc | 20 August 2018 15:59
init innovation in traffic systems SE: Completion share buyback
init innovation in traffic systems SE / Key word(s): Share Buyback/Share Buyback
init innovation in traffic systems SE: Completion share buyback
20-Aug-2018 / 15:59 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.
Karlsruhe, 20 August 2018. init innovation in traffic systems SE (ISIN DE0005759807) repurchased a total of 28,578 own shares at a weighted average price of EUR 17.50 (without additional charges) within the period from 18 July 2018 up to and including 20 August 2018. The total value of the shares repurchased was EUR 499,990.02 (without additional charges).
The share buyback was carried out in accordance with the ad hoc release dated 17 July 2018 and was executed via the stock exchange (XETRA) by Commerzbank AG, the financial institution commissioned by init.
The number of repurchased shares corresponds to an imputed share of 0.28 % of the capital stock. Pursuant to the resolution of 17 July 2018 the share buyback is thus completed.
Information about individual transactions and daily trading volumes has been published on the internet at the following link:
https://www.initse.com/ende/investors/the-share.html
Contact:
Person making the notification:
Simone Fritz
Investor Relations
20-Aug-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | init innovation in traffic systems SE |
| Käppelestraße 4-10 | |
| 76131 Karlsruhe | |
| Germany | |
| Phone: | +49 (0)721 6100 0 |
| Fax: | +49 (0)721 6100 399 |
| E-mail: | [email protected] |
| Internet: | www.initse.com |
| ISIN: | DE0005759807 |
| WKN: | 575980 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |
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