Buyback of up to 5 % of registered shares – Strategic room for manoeuvre remains guaranteed
The share buyback programme announced by HUBER+SUHNER AG on 21 October 2021 will commence on 29 October 2021. Over a maximum period of three years, up to 5 % of the registered shares will be repurchased via a second trading line on the SIX Swiss Exchange for the purpose of capital reduction. This corresponds to 1,010,000 registered shares, the cancellation of which will be proposed by the Board of Directors at one or several upcoming Annual General Meetings. This will allow a sustainable compression of earnings per share.
In view of the high liquidity and the strong balance sheet, the strategic room for manoeuvre for future investments and acquisitions remains guaranteed.
HUBER+SUHNER AG entrusted Zürcher Kantonalbank with the execution of the share buyback programme. Detailed information can be found in the official advertisement and under
