EQS-News: wienerberger is strongly committed to a shareholder value-orientated capital allocation strategy and cancels 2% of its share capital
EQS-News: Wienerberger AG / Key word(s): Share Buyback/Strategic Company
Decision
wienerberger is strongly committed to a shareholder value-orientated
capital allocation strategy and cancels 2% of its share capital
12.02.2025 / 17:45 CET/CEST
The issuer is solely responsible for the content of this announcement.
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wienerberger is strongly committed to a shareholder value-orientated
capital allocation strategy and cancels 2% of its share capital
Vienna, February 12, 2025 – wienerberger is a leading international
provider of innovative, ecological solutions for the entire building
envelope in the fields of new build and renovation, as well as
infrastructure for water and energy management. Even in challenging times,
wienerberger has consistently pursued its value-creating growth strategy.
The company’s development has been highly satisfactory, combining organic
growth, an ambitious commercial and operational optimization program, and
attractive acquisitions to broaden the company’s portfolio.
wienerberger is committed to a disciplined capital allocation policy that
consistently enhances shareholder value whilst maintaining at all times
wienerberger’s strong balance sheet position. As part of this policy,
wienerberger is committed to repurchasing and cancelling of 1-2% of its
share capital annually, depending on market conditions.
The most recent share buyback program was concluded at the end of last
week
From December 30, 2024, up to and including February 7, 2025, the company
acquired 1,125,000 own ordinary bearer shares of Wienerberger AG at an
average price of € 26,78 via the Vienna Stock Exchange.
Heimo Scheuch, CEO of wienerberger, commented: “Share buybacks are an
important part of our capital allocation strategy and, together with an
attractive dividend policy, offer an enhanced shareholder return. Last
week we successfully completed our latest share buyback program. To
further enhance shareholder value, we will cancel up to 2% of the share
capital during the next months.”
For further information, please refer to the technical publication on the
share buyback program: [1]20241220 Share Buyback Program 2024 Technical
Publication.pdf
wienerberger
wienerberger is a leading international provider of innovative, ecological
solutions for the entire building envelope, in the fields of new build and
renovation, as well as infrastructure in water and energy management. With
more than 20,000 employees worldwide, wienerberger’s solutions enable
energy-efficient, healthy, climate-friendly, and affordable living.
wienerberger is the world’s largest producer of bricks and the market
leader in clay roof tiles in Europe as well as concrete pavers in Eastern
Europe. In pipe systems (ceramic and plastic pipes), the company is one of
the leading suppliers in Europe and a leading supplier of facade products
in North America. At the beginning of 2024, wienerberger successfully
completed the acquisition of Terreal, becoming the leading European
provider of innovative all-in roofing and solar solutions, as well as
solutions for the entire building envelope in Europe and North America.
With its more than 200 production sites, wienerberger generated revenues
of approx. € 4.2 billion and an operating EBITDA of € 811 million in 2023.
For further information, please contact:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | claudia.hajdinyak@wienerberger.com
Therese Jandér, Senior Vice President Investor Relations Wienerberger AG
t +43 1 601 92 – 10221 | investor@wienerberger.com
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12.02.2025 CET/CEST This Corporate News was distributed by EQS Group.
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: investor@wienerberger.com
Internet: www.wienerberger.com
ISIN: AT0000831706
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2085551
End of News EQS News Service
2085551 12.02.2025 CET/CEST
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