Software AG

  • WKN: A2GS40
  • ISIN: DE000A2GS401
  • Land: Germany

Nachricht vom 13.03.2018 | 20:06

Software AG decides to cancel treasury shares and to decrease the share capital

Software AG / Key word(s): Corporate Action
Software AG decides to cancel treasury shares and to decrease the share capital

13-March-2018 / 20:06 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.


Ad hoc Disclosure (Inside Information according to Article 17 MAR)

Software AG decides to cancel treasury shares and to decrease the share capital

The Management Board of Software AG (TecDAX, ISIN DE000A2GS401 / SOW) decided today to redeem 2,400,000 treasury shares which had been acquired by the company in previous years based on various buy-back authorizations and to decrease the share capital accordingly by EUR 2,400,000. This corresponds to 3.14 percent of the share capital before redemption and capital decrease. The redemption is based on the authorization of the General Assembly of Software AG of May 31, 2016

After the share capital decrease, the current share capital of Software AG of EUR 76,400,000 will amount to EUR 74,000,000 and will be divided into 74,000,000 shares with a proportional share in the share capital amounting to EUR 1.00 per share. After the redemption of 2,400,000 treasury shares, Software AG will still hold 23,761 treasury shares. This corresponds to 0.03 percent of the decreased share capital.

The redemption is expected to be completed shortly.

Darmstadt, March 13, 2018

The Management Board

Software AG, Uhlandstr. 12, 64297 Darmstadt


Contact:
Person making the notification:
Frederic Freichel
Junior Manager Investor Relations

Email: frederic.freichel@softwareag.com
Tel: +49 6151 92 1106

13-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC-Fokusbox

BIG Blockchain Intelligence Group: Coverage Initiated mit Kaufen-Rating

BIG Blockchain Intelligence Group Inc. bietet Software-Lösungen an, die eine Echtzeitüberprüfung von blockchainbasierten Transaktionen mit Hilfe von Such- und Analysefunktionen ermöglicht. Zur Kernkompetenz gehört eine Software, die zur Generierung von Daten aus Blockchain-Transaktionen verwendet wird. Aktuell konzentriert sich BIG auf Transaktionen von Kryptowährungen und bedient seine Kunden wie Regierungen, Strafverfolgungsbehörden, Banken und Finanzdienstleistern oder E-Commerce-Anbieter mit entsprechender Sicherheitstechnologie. Bei einem Kursziel von 1,03 CAD (0,69 €) lautet das Rating KAUFEN.

News im Fokus

Fresenius Medical Care im zehnten Jahr in Folge im Dow Jones Sustainability Index

20. September 2018, 09:21

Aktuelle Research-Studie

FinTech Group AG

Original-Research: FinTech Group AG (von GBC AG): Kaufen

21. September 2018