Transaction in Own Shares • Jun 1, 2018
Transaction in Own Shares
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News Details
Ad-hoc | 1 June 2018 08:07
Mutares AG decides on share buyback program in the amount of up to 3 million Euro
Mutares AG / Key word(s): Share Buyback
Mutares AG decides on share buyback program in the amount of up to 3 million Euro
01-Jun-2018 / 08:07 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.
Publication of insider information in accordance with Article 17 MAR
**Mutares AG decides on share buyback program in the amount of up to 3 million Euro
Munich, June 1, 2018 – The Management Board of Mutares AG (ISIN: DE000A0SMSH2) decided today with approval of the Supervisory Board to launch a share buyback program of up to EUR 3 million (excluding incidental acquisition costs) using the authorization granted by the Annual General Meeting on May 22, 2015 (“ Share Buyback Program** 2018/I”). In the period from June 1, 2018 to July 15, 2018, a total of up to 283,019 treasury shares are to be repurchased under the 2018/I share buyback program.
The share buyback will take place in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and Council of 16 April 2014 in conjunction with the provisions of Commission Delegate Regulation (EU) 2016/1052 of March 8, 2016.
Further details will be announced separately by the Company before the start of the 2018/I share buyback program.
For further information please contact:
Mutares AG
Corinna Lumpp
Investor Relations & Strategy
Tel. +49 89 9292776-0
Fax +49 89 9292776-22
01-Jun-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Mutares AG |
| Arnulfstr.19 | |
| 80335 Munich | |
| Germany | |
| Phone: | +49 (0)89-9292 776-0 |
| Fax: | +49 (0)89-9292 776-22 |
| E-mail: | [email protected] |
| Internet: | www.mutares.de |
| ISIN: | DE000A0SMSH2 |
| WKN: | A0SMSH |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |
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