EQS-News: Wienerberger AG: Wienerberger resolves on share buyback program
EQS-News: Wienerberger AG / Key word(s): Share Buyback
Wienerberger AG: Wienerberger resolves on share buyback program
04.03.2022 / 15:12
The issuer is solely responsible for the content of this announcement.
————————————————————————–
Wienerberger resolves on share buyback program
Vienna, March 04, 2022 – Wienerberger has made a strong start to the year
2022 and is experiencing high demand across all regions. The company is
running at close full capacity in all business areas and continues to
pursue a number of attractive growth projects across the Group.
The management views the current Wienerberger share price as an attractive
opportunity to acquire up to 3% of its share capital with an investment
volume of up to € 100 million. Wienerberger intends to use the repurchased
shares over time, among others, for the acquisition of companies, thereby
creating additional value for shareholders.
Wienerberger Group
The Wienerberger Group is a leading international provider of smart
solutions for the entire building envelope and for infrastructure.
Wienerberger is the world’s largest producer of bricks (Porotherm, Terca)
and the market leader in clay roof tiles (Koramic, Tondach) in Europe as
well as concrete pavers (Semmelrock) in Eastern Europe. In pipe systems
(Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company
is one of the leading suppliers in Europe. By acquiring Meridian Brick,
Wienerberger further strengthened its position as a leading supplier of
facade products in North America. With its total of 215 production sites,
the Wienerberger Group generated revenues of € 4.0 billion and EBITDA LFL
of € 671 million in 2021.
For further information, please contact:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | claudia.hajdinyak@wienerberger.com
Daniel Merl, Interim Head of Investor Relations Wienerberger AG
t +43 1 601 92 – 10221 | investor@wienerberger.com
————————————————————————–
04.03.2022 This Corporate News was distributed by EQS Group AG.
www.eqs.com
————————————————————————–
Language: English
Company: Wienerberger AG
Wienerbergerplatz 1
1100 Wien
Austria
Phone: +43 1 60 192-0
Fax: +43 1 60 192-10159
E-mail: office@wienerberger.com
Internet: www.wienerberger.com
ISIN: AT0000831706
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1295061
End of News EQS News Service
1295061 04.03.2022
References
Visible links
OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender