Brief: Nagarro Share Buyback Program To Be Continued With Second Tranche Starting On 14 June 2023

Nagarro SE

13/06/2023 17:31

June 13 (Reuters) - NAGARRO SE  NA9n.DE :
    * SHARE BUYBACK ANNOUNCED BY NAGARRO SE BY WAY OF AD HOC
NOTIFICATION OF 14 APRIL 2023 WILL BE CONTINUED WITH SECOND
TRANCHE STARTING ON 14 JUNE 2023
    * AS PART OF SHARE BUYBACK, UP TO 350,000 TREASURY SHARES OF
COMPANY SHALL BE REPURCHASED UNTIL AT LATEST 31 OCTOBER 2023,
CORRESPONDING TO A PORTION OF CURRENT NOMINAL SHARE CAPITAL OF
APPROXIMATELY 2.54%
    * SHARE BUYBACK IS SUBJECT TO AN OVERALL PURCHASE VOLUME
LIMIT OF
EUR 30 MILLION (EXCLUDING ANCILLARY COSTS OF PURCHASE)
    * SHARE BUYBACK SHALL BE CARRIED OUT EXCLUSIVELY VIA STOCK
EXCHANGE IN ELECTRONIC TRADING THROUGH FRANKFURT STOCK EXCHANGE
(XETRA)
    * SECOND TRANCHE OF BUYBACK WILL BE CARRIED OUT IN A VOLUME
OF UP
TO EUR 10 MILLION, SUBJECT TO MAXIMUM TOTAL NUMBER OF TREASURY
SHARES TO BE PURCHASED

Source text for Eikon:  ID:nEQ3x640sa 
Further company coverage:  NA9n.DE 

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