EQS-CMS: ANDRITZ terminates share buy-back program as planned
EQS Post-admission Duties announcement: Andritz AG / Notification of share
buy-back transactions (Article 5 of Reg. (EU) market abuse)
ANDRITZ terminates share buy-back program as planned
07.02.2022 / 18:00
Dissemination of a Post-admission Duties announcement transmitted by EQS –
a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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ANDRITZ terminates share buy-back program as planned
GRAZ, FEBRUARY 7, 2022. On December 2, 2021, the Executive Board and
Supervisory Board of ANDRITZ AG decided to purchase ANDRITZ AG no-par
value shares issued to bearers. The purchase was based on the
authorization granted by the 114^th Annual General Meeting of ANDRITZ AG
on March 24, 2021 (pursuant to § 65 (1), line 8 of the Austrian
Corporation Act). This authorization was published on March 24, 2021 via
an electronically operated information system.
The resolution states that up to 1,000,000 shares – equal to 0.96% of the
company’s voting share capital – shall be purchased between December 13,
2021 and February 6, 2022. Lowest amount: proportional amount of the
capital stock per share. Highest amount: The highest amount per share must
not exceed 10% of the average, unweighted closing price on the preceding
10 trading days.
The Executive Board of ANDRITZ AG hereby gives notice that the buy-back
program was terminated as planned on February 6, 2022 ( = start of
blackout period regarding publication of full year 2021 results).
Summary of the result of the buy-back program:
Total buy-back volume 450,000 shares
Percentage of capital stock 0.43%
Highest amount per share 48.30 EUR
Lowest amount per share 43.20 EUR
Weighted average value of shares bought back 45.88 EUR
Total value of shares bought back 20,644,751.58 EUR
Termination of buy-back program February 6, 2022
– End –
FOR FURTHER INFORMATION, PLEASE CONTACT
Dr. Michael Buchbauer
Head of Corporate Communications
[1]michael.buchbauer@andritz.com
andritz.com
ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of
innovative plants, equipment, systems and services for the pulp and paper
industry, the hydropower sector, the metals processing and forming
industry, pumps, solid/liquid separation in the municipal and industrial
sectors, as well as animal feed and biomass pelleting. Plants for power
generation, flue gas cleaning, recycling, and the production of nonwovens
and panelboard complete the global product and service offering.
Innovative products and services in the industrial digitalization sector
are offered under the brand name Metris and help customers to make their
plants more user-friendly, efficient and profitable. The publicly listed
group has around 26,800 employees and more than 280 locations in over 40
countries.
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07.02.2022
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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Internet: www.andritz.com
End of News EQS News Service
1277368 07.02.2022
References
Visible links
1. michael.buchbauer@andritz.com
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