Brief: GEA Group Says Will Acquire Own GEA Shares With A Value Of Up To EUR 400 Million (Not Including Ancillary Acquisition Costs) In Period From November 2023

GEA AG

07/11/2023 19:13

Nov 7 (Reuters) - GEA Group AG  G1AG.DE :
    * GEA GROUP - WILL ACQUIRE OWN GEA SHARES WITH A VALUE OF UP
TO
EUR 400 MILLION (NOT INCLUDING ANCILLARY ACQUISITION COSTS) IN
PERIOD FROM NOVEMBER 2023
    * GEA GROUP AG - PROGRAM SCHEDULED TO START IN NOVEMBER 2023
WITH
A FIRST TRANCHE OF UP TO EUR 150 MILLION AND TO BE COMPLETED
WITHIN SIX MONTHS
    * GEA GROUP-BOARD RESOLVED SHARES TO BE ACQUIRED UNDER
PROGRAM &
8.16 MILLION TREASURY SHARES HELD BY CO TO BE CANCELLED WITHOUT
REDUCING CO'S SHARE CAPITAL

Source text for Eikon:  ID:nEQ8lK0l5a 
Further company coverage:  G1AG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))