Brief: NORMA Group Announce Share Buyback Programme And Changes To The Supervisory Board
22/05/2026 14:16
May 22 (Reuters) - NORMA GROUP SE NOEJ.DE: SHARE BUYBACK PROGRAMME AND CHANGES TO THE SUPERVISORY BOARD PUBLIC SHARE BUYBACK OFFER OF UP TO EUR 208 MILLION PROPOSED AS PREVIOUSLY ANNOUNCED BENJAMIN SCHMID PROPOSED FOR ELECTION AS A NEW MEMBER OF SUPERVISORY BOARD REPURCHASED SHARES ARE SUBSEQUENTLY INTENDED TO BE CANCELLED AND SHARE CAPITAL OF NORMA GROUP SE REDUCED ACCORDINGLY AROUND EUR 70 MILLION IS INTENDED TO FURTHER STRENGTHEN CORE BUSINESS GOING FORWARD EFFECTIVE JULY 1, 2026, KERSTIN MÜLLER-KIRCHHOFS AND DR. EREK SPECKERT WILL RESIGN FROM THEIR MANDATES SUPERVISORY BOARD WILL PROPOSE BENJAMIN SCHMID, INVESTMENT PARTNER AT TELEIOS CAPITAL PARTNERS LLC, FOR ELECTION AS A NEW MEMBER TO ANNUAL GENERAL MEETING Further company coverage: NOEJ.DE (Gdansk Newsroom) ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))