EQS-Adhoc: Wienerberger AG: ADHOC / Wienerberger resolves on amendment of share buyback program
EQS-Ad-hoc: Wienerberger AG / Key word(s): Share Buyback
Wienerberger AG: ADHOC / Wienerberger resolves on amendment of share
buyback program
10-May-2022 / 15:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.
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ADHOC / Wienerberger resolves on amendment of share buyback program
Buyback of now up to 6,450,000 shares corresponding to up to approx. 5.6%
of Wienerberger’s share capital
Vienna, May 10, 2022 – Based on the authorization granted by the 153rd
Annual General Meeting on May 3, 2022 pursuant to sect. 65 para. 1 item
(8) of the Stock Corporation Act, which was published via an electronic
information dissemination system on May 3, 2022 as well as in the Federal
Gazette of Wiener Zeitung on May 5, 2022, the Managing Board of
Wienerberger AG today decided on an amendment of the currently conducted
share buyback program, which originally provided for a buyback of own
ordinary bearer shares of the Company at their market price via the Vienna
Stock Exchange as well as via multilateral trading facilities between
March 9, 2022 (inclusive) and June 30, 2022 (inclusive) in a total of up
to 3,450,000 shares, corresponding to up to approx. 3.0% of the share
capital, for a price per share of between EUR 1.00 and EUR 32.50 (the
“buyback program”). The maximum number of shares to be repurchased under
the buyback program has almost been reached. Wienerberger raises the
maximum buyback volume of own shares by additional 3,000,000 shares to up
to 6,450,000 shares (corresponding to up to approx. 5.6% of the share
capital of Wienerberger AG) and prolongs the buyback program until (and
including) September 30, 2022. The maximum purchase price for shares under
the buyback program now corresponds to EUR 180,000,000. The shares bought
back are to be used for purposes in accordance with the authorization
granted by the Annual General Meeting on May 3, 2022. The buyback will
still have no impact on the admission of the shares of Wienerberger AG to
stock exchange trading.
A credit institution continues to be mandated to execute the share
buyback. The credit institution has to take its decision on the timing of
the buyback of Wienerberger AG shares independently of Wienerberger AG and
comply with the conditions for trading laid down in Article 3 of the
Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016.
Note pursuant to sect. 5 para. 4 of the Publication Ordinance 2018: This
modification as well as further modifications (if any) of the buyback
program to be disclosed pursuant to sect. 6 of the Publication Ordinance
2018 are published on the website of Wienerberger AG
([1] https://www.wienerberger.com/en/investors/share.html). This
publication neither constitutes a public offering for the purchase of
Wienerberger shares, nor does it create an obligation for Wienerberger AG
or any of its subsidiaries to accept offers for the buyback of
Wienerberger shares.
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10-May-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com
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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: 1348491
End of Announcement EQS News Service
1348491 10-May-2022 CET/CEST
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