Palfinger AG Gains Approval for Treasury Share Acquisitions

Palfinger AG's 37th Annual General Meeting, held on April 3, 2025, concluded with the approval to acquire treasury shares. This authorization permits the company to purchase up to 10% of its share capital from April 3, 2025, to October 2, 2027. The shares can be acquired both on stock exchanges and over-the-counter, within a price range of EUR 10 to EUR 100 per share.

The Executive Board, with Supervisory Board oversight, can opt for stock exchange purchases. Off-market acquisitions require prior approval and may exclude certain shareholder rights. This authorization supports flexibility in using treasury shares, potentially reducing share capital without further resolutions.

Palfinger's initiative aligns with its strategic financial management, providing room for optimizing capital structure and investor value over the specified timeframe.