Drägerwerk AG & Co. KGaA Extends Share Buyback for Employee Program

Drägerwerk AG & Co. KGaA has announced an extension of its share buyback program. Initially approved on September 2, 2024, the buyback plan aimed to repurchase up to 676,000 preferred shares for its employee stock program. The original window for this buyback was from October 7 to November 18, 2024.

This period has now been extended to March 2025. As of November 21, 2024, Drägerwerk has purchased 27,977 preferred shares. The company plans to acquire a total of 49,339 shares by the end of the revised buyback period.

The executive board underscores that the conditions outlined in the October 1, 2024 announcement still apply. Drägerwerk continues its commitment to implementing this initiative in alignment with regulatory guidelines.