EQS-Adhoc: Wienerberger AG: ADHOC / Wienerberger resolves on second amendment of share buyback program
EQS-Ad-hoc: Wienerberger AG / Key word(s): Share Buyback
Wienerberger AG: ADHOC / Wienerberger resolves on second amendment of
share buyback program
08-Jul-2022 / 10:34 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 second amendment of share buyback program
Buyback of now up to 8,830,000 shares corresponding to up to approx. 7.7%
of Wienerberger’s share capital
Vienna, July 08, 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 a second amendment of the currently
conducted share buyback program, which – after an amendment published on
10 May 2022 – 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
September 30, 2022 (inclusive) in a total of up to 6,450,000 shares 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 amended buyback
program has almost been reached. Wienerberger raises the maximum buyback
volume of own shares by additional 2,380,000 shares from up to 6,450,000
shares to up to 8,830,000 shares (corresponding to up to approx. 7.7% of
the share capital of Wienerberger AG). The maximum term of the buyback
program until (and including) September 30, 2022 is not amended. The
maximum purchase price for shares under the buyback program now
corresponds to EUR 230,000,000. 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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08-Jul-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: 1393383
End of Announcement EQS News Service
1393383 08-Jul-2022 CET/CEST
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