Brief: Cherry Resolves On Share Buyback Program With Volume Of Up To EUR 25 Mln

Cherry SE

09/06/2022 15:32

June 9 (Reuters) - CHERRY AG  C3RY.DE :
    * CHERRY AG RESOLVES ON SHARE BUYBACK PROGRAM WITH A VOLUME
OF UP
TO EUR 25 MILLION
    * TODAY RESOLVED, WITH CONSENT OF SUPERVISORY BOARD, TO
LAUNCH A
SHARE BUYBACK PROGRAM USING AUTHORIZATION GRANTED BY COMPANY'S
ANNUAL GENERAL MEETING ON JUNE 23, 2021 ("SHARE BUYBACK PROGRAM
2022")
    * WITHIN FRAMEWORK OF SHARE BUYBACK PROGRAM 2022, UP TO A
TOTAL OF
2,000,000 SHARES (CORRESPONDING TO UP TO 8.2 % OF EXISTING SHARE
CAPITAL OF COMPANY) MAY BE REPURCHASED FROM JUNE 13, 2022, TO
JUNE 30, 2023
    * TOTAL PURCHASE PRICE (EXCLUDING INCIDENTAL ACQUISITION
COSTS) OF
A MAXIMUM OF EUR 25.0 MILLION

Source text for Eikon:  ID:nEQ431lLCa 
Further company coverage:  C3RY.DE 

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