S&T AG: Final announcement on the share buyback program announced on 28 February 2020

Publication pursuant to Article 5(1)(b) and (3) of Regulation (EU) No 596/2014 and Article 2(2) and (3) of the Commission Delegated Regulation (EU) No 2016/1052

On 30 June 2020, S&T AG completed the share buyback program (“Share Buyback Program I 2020”) announced on 28 February 2020 pursuant to Art. 2 para. 2 of the delegated regulation (EU) 2016/1052.

In total, S&T AG bought back 390,373 shares at a weighted average price of EURO 16.7359. This corresponds to 0.591% of the company’s share capital. The total price without incidental expenses of the repurchased shares was EURO 6,533,232.78.

The shares were bought back by a bank commissioned by S&T AG exclusively via Xetra trading on the Frankfurt Stock Exchange.

S&T AG plans to use the repurchased shares for future acquisitions and to service the stock option programs.

Information on the individual transactions of the share buyback are published in accordance with Art. 2 Para. 3 of the Buyback Regulation on the S&T AG Investor Relations website at: https://ir.kontron.ag/Share_buyback_program_2020.en.html

The Executive Board

Linz, July 1, 2020

Similar news

Kontron AG: Annual General Meeting passes new record dividend

Annual forecast for 2023 and targets for 2025 confirmed Record dividend of EUR 1.00 per share passed All agenda items ...
Explore

Kontron with new strategic IoT focus now listed on TecDAX

Effective 9 May 2023, Kontron AG is once again listed in the index of the 30 largest German companies in ...
Explore

New Kontron starts year with strong results

Revenue growth of 12.4% to EUR 277.7 million (Q1 2022: EUR 247.0 million) EBITDA climbs by 24.9% to EUR 29.6 ...
Explore