Publication pursuant to Article 5(1)(b) and (3) of Regulation (EU) No 596/2014 and Article 2(2) and (3) of the Commission Delegated Regulation (EU) No 2016/1052
On 30 April 2021, S&T AG completed the share buyback program II 2020 (“Share Buyback Program II 2020”) announced on 27 October 2020 pursuant to Art. 2 para. 2 of the delegated regulation (EU) 2016/1052.
In total, under Share Buyback Program II 2020 S&T AG bought back 824,471 shares at a weighted average price of EURO 19.7015. This corresponds to 1.2474% of the company’s share capital. The total price without incidental expenses of the repurchased shares was EURO 16,243,298.93.
The shares were bought back by a credit institution commissioned by S&T AG exclusively via Xetra trading on the Frankfurt Stock Exchange.
S&T AG plans to use the repurchased shares for all permissible purposes, in particular for future acquisitions and to fulfill claims for delivery of shares under the stock option programs.
Information on the individual transactions of the share buyback are published on the S&T AG Investor Relations website at: https://ir.snt.at/Share_buyback_program_II_2020.en.html
On April 27, 2021, a new share buyback program for treasury shares (the “Share Buyback Program I 2021”) was resolved. The Share Buyback Program I 2021 starts on May 3, 2021. The details of the program will be published on the Company’s website: https://ir.snt.at/Share_buyback_program_I_2021.en.html.