LANXESS Aktiengesellschaft
LANXESS Aktiengesellschaft: Release of a capital market information
LANXESS Aktiengesellschaft
/ Publication pursuant to Art. 2 (1) of Delegated Regulation (EU) No. 2016/1052 of the Commission Regulation (EU) No. 596/2014 (MMVO) / Acquisition of own shares / Notice of amendment
LANXESS Aktiengesellschaft Publication pursuant to Art. 2 (1) of Delegated Regulation (EU) No. 2016/1052 of the Commission Regulation (EU) No. 596/2014 (MMVO) / Acquisition of own shares / Notice of amendment The share buyback program with a total volume of up to EUR 500 million (excluding incidental acquisition costs), but not exceeding 10% of the company’s share capital, was launched on 12 March 2020 with a first tranche of up to EUR 250 million. Until the suspension on April 6, 2020, LANXESS AG repurchased 1,101,549 shares, representing 1.26% of the outstanding share capital of LANXESS AG. Until then the total volume of the suspended buyback amounts to EUR 36,698,254.49, which corresponds to an average price of EUR 33,3151 per repurchased share. The Board of Management of LANXESS AG will continuously assess the situation and decide in due course whether to resume the share buyback program. Cologne, 7 April 2020 The Board of Management
07.04.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | LANXESS Aktiengesellschaft |
Kennedyplatz 1 | |
50569 Cologne | |
Germany | |
Internet: | www.lanxess.com |
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