init innovation in traffic systems SE

  • WKN: 575980
  • ISIN: DE0005759807
  • Land: Deutschland

Nachricht vom 09.04.2019 | 15:53

init innovation in traffic systems SE: init decides share buyback

DGAP-News: init innovation in traffic systems SE / Key word(s): Share Buyback

09.04.2019 / 15:53
The issuer is solely responsible for the content of this announcement.


The managing board of init innovation in traffic systems SE has decided in accordance with the resolution of the general meeting of 13 May 2015, topic 6 of the agenda to repurchase up to 38,000 own shares (pursuant to § 71 (1.8) AktG) for a maximum total purchase price of EUR 500,000 (without additional charges) via the stock exchange.

The repurchased shares are to be used for existing and future employee share schemes, incentive schemes for members of the managing board and managing directors, as acquisition currency and/or for cash to third party.

It is planned to transact the share buy-back during the period from 10 April 2019 to 30 June 2019 on the stock exchange.


Contact:
Person making the notification:
Simone Fritz
Investor Relations
ir@initse.com


09.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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