Brief: Hugo Boss Halts Share Buyback Program

Hugo Boss AG

02/09/2026 06:18

Sept 2 (Reuters) - HUGO BOSS AG BOSSn.DE:
TODAY RESOLVED TO TERMINATE THE COMPANY'S SHARE BUYBACK PROGRAM, WHICH COMMENCED ON AUGUST 24, 2026, UPON EXPIRATION SEPTEMBER 8, 2026
HAS REPURCHASED 124,044 SHARES REPRESENTING A TOTAL CONSIDERATION OF APPROXIMATELY EUR 4.8 MLN
DECISION FOLLOWS TODAY'S STATEMENT BY FRASERS GROUP REGARDING ITS INTENTION TO INCREASE ITS SHAREHOLDING IN HUGO BOSS BEYOND 50% AS WELL AS ITS REVIEW OF SUPPORT FOR STEPHAN STURM, CHAIRMAN OF THE SUPERVISORY BOARD OF HUGO BOSS
TERMINATION DOES NOT REFLECT ANY CHANGE IN THE COMPANY'S CONFIDENCE IN ITS STRATEGY AND LONG-TERM VALUE CREATION POTENTIAL
COMPANY'S CAPITAL ALLOCATION FRAMEWORK REMAINS UNCHANGED, AND THE MANAGING BOARD WILL REASSESS A SHARE BUYBACK PROGRAM AS APPROPRIATE

Further company coverage: [BOSSn.DE] 

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