Brief: Patrizia Implements Share Buy-Back Programme

Patrizia SE

11/05/2021 16:37

May 11 (Reuters) - PATRIZIA AG  PATGn.DE :
    * IMPLEMENTS A SHARE BUY-BACK PROGRAMME UP TO A TOTAL
PURCHASE
PRICE OF EUR 50M
    * WILL ACQUIRE TREASURY SHARES VIA STOCK EXCHANGE IN PERIOD
FROM
12 MAY 2021 TO 31 DECEMBER 2021 AT LATEST UP TO A TOTAL PURCHASE
PRICE (EXCLUDING INCIDENTAL COSTS) OF UP TO EUR 50M
    * BASED ON CURRENT SHARE PRICE (EUR 21.60, XETRA CLOSING
PRICE ON
10 MAY 2021), THIS IS EQUIVALENT TO UP TO 2,314,814 SHARES OR UP
TO 2.5% OF SHARE CAPITAL
    * SHARE BUY-BACK PROGRAMME IS FINANCED FROM AVAILABLE
LIQUIDITY,
WHICH STANDS AT EUR 634.8M AS AT 31 MARCH 2021

Source text for Eikon:  ID:nEQ6vqZbVa 
Further company coverage:  PATGn.DE 

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