DGAP-Adhoc: CEWE decides to buy back own company shares

2020. március 02., hétfő, 14:27





DGAP-Ad-hoc: CEWE Stiftung & Co. KGaA / Key word(s): Share Buyback


CEWE decides to buy back own company shares


02-March-2020 / 14:27 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




CEWE decides to buy back own company shares

Oldenburg, 2 March 2020. The Board of Management of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) resolved today to buy back up to 100,000 own company shares on the stock exchange with a volume of up to EUR 50 million in the period from 3 March 2020 to 1 April 2021. The repurchase is based on authorisation granted at the Annual General Meeting of 31 May 2017 to acquire up to 10 % of the company"s own shares. The equivalent value per share (excluding extra acquisition charges) may not exceed the stock exchange quotation determined in the opening auction in XETRA trading on the Frankfurt Stock Exchange on the relevant trading day by more than 10 %.


The repurchase of shares is to be exercised independently and without the influence of the company by ODDO BHF Aktiengesellschaft, Frankfurt, upon application of the safe harbour regulations.



CEWE Stiftung & Co. KGaA provides information on the daily progress

of the repurchase program on the company"s website at https://ir.cewe.de/websites/cewe/English/1000/the-cewe-share.html





Person making the notification: Axel Weber

Head of Investor Relations

CEWE Stiftung & Co. KGaA

email: IR@cewe.de











02-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de





























Language: English
Company: CEWE Stiftung & Co. KGaA

Meerweg 30-32

26133 Oldenburg

Germany
Phone: +49 (0)441 40 4-1
Fax: +49 (0)441 40 4-42 1
E-mail: IR@cewe.de
Internet: www.cewe.de
ISIN: DE0005403901
WKN: 540390
Indices: SDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 987313





 
End of Announcement DGAP News Service




987313  02-March-2020 CET/CEST







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