sur Fraport AG Frankfurt Airport Services Worldwide (isin : DE0005773303)
Fraport AG Introduces Share Buyback Plan for Employee Program
Frankfurt, 24 May 2024 – Fraport AG Frankfurt Airport Services Worldwide announced the launch of a share buyback initiative as part of its employee participation program. The Executive Board has approved the repurchase of up to 75,000 shares, about 0.081 percent of the company's capital stock.
The buyback complies with Sec. 71 (1) No. 2 of the German Stock Corporation Act and aims solely to meet commitments arising from the employee share capital program. The total purchase budget is capped at EUR 4,000,000, excluding incidental costs.
The repurchase program starts on 04 June 2024 and concludes by 30 June 2024. An independent financial service provider will execute the share buyback according to safe harbour rules and EU regulations.
Specific conditions include purchasing at market prices, not exceeding the highest of the last independent trade price or the highest current independent bid. Additionally, daily purchases are restricted to 25 percent of the average daily trading volume in April 2024.
R. P.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Fraport AG Frankfurt Airport Services Worldwide