Brief: Deutsche Beteiligungs Resolves On Share Buyback Program With A Volume Of Up To 20 Million Euros

Deutsche Beteiligungs AG

22/02/2024 08:37

Feb 22 (Reuters) - DEUTSCHE BETEILIGUNGS AG  DBANn.DE :
    * DEUTSCHE BETEILIGUNGS AG RESOLVES ON SHARE BUYBACK PROGRAM
WITH
A VOLUME OF UP TO 20 MILLION EUROS
    * DEUTSCHE BETEILIGUNGS AG - AGGREGATE VOLUME OF SHARE
BUYBACK
PROGRAM AMOUNTS TO UP TO 20 MILLION EURO (WITHOUT INCIDENTAL
ACQUISITION COSTS)
    * DEUTSCHE BETEILIGUNGS AG - HOWEVER, A MAXIMUM OF 800,000
SHARES
SHALL BE ACQUIRED UNDER SHARE BUYBACK PROGRAM, WHICH CORRESPONDS
TO A SHARE OF APPROXIMATELY 4.25% IN CURRENT SHARE CAPITAL OF
DBAG
    * DEUTSCHE BETEILIGUNGS AG - UNDER THIS SHARE BUYBACK
PROGRAM,
RESPECTIVE PURCHASE PRICE PER SHARE (WITHOUT INCIDENTAL
ACQUISITION COSTS) WILL NOT EXCEED LIMIT OF 90% OF NET ASSET
VALUE PER SHARE AS PUBLISHED IN MOST RECENT QUARTERLY STATEMENT
OF DBAG
    * DEUTSCHE BETEILIGUNGS AG - BUYBACK WILL BEGIN SOON AND
WILL BE
IMPLEMENTED OVER A PERIOD OF UP TO ONE YEAR

Source text for Eikon:  ID:nEQLx6p8a 
Further company coverage:  DBANn.DE 

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