Brief: Synlab Announces Resolution Of Management Board Of Company, With Approval Of Supervisory Board Of Company, For Repurchase Of Up To 1,860,647 Shares In Company

Synlab AG

22/09/2022 16:37

Sept 22 (Reuters) - SYNLAB AG  SYAB.DE :
    * SYNLAB AG ( "COMPANY") ANNOUNCED RESOLUTION OF MANAGEMENT
BOARD
OF COMPANY, WITH APPROVAL OF SUPERVISORY BOARD OF COMPANY, FOR
REPURCHASE OF UP TO 1,860,647 SHARES IN COMPANY ( "SECONDSHARE
BUY-BACK PROGRAM 2022")
    * BASED ON RESOLUTION OF MANAGEMENT BOARD OF COMPANY DATED
12
SEPTEMBER 2022 MAXIMUM AMOUNT OF FUNDS ALLOCATED TO SHARE
BUY-BACK PROGRAM 2022 (EXCLUDING ANCILLARY COSTS) IS EUR
31,630,999.00
    * PURCHASE PRICE PER SHARE (EXCLUDING INCIDENTAL ACQUISITION
COSTS) MAY NOT EXCEED OR FALL BELOW PRICE FOR SHARES OF COMPANY
DETERMINED BY OPENING AUCTION ON TRADING DAY IN XETRA TRADING
(OR ANY COMPARABLE SUCCESSOR SYSTEM) AT FRANKFURT STOCK EXCHANGE
BY MORE THAN 10%
    * THIS MAXIMUM NUMBER OF SHARES REPRESENTS APPROXIMATELY 0.8
PERCENT OF REGISTERED SHARE CAPITAL OF COMPANY AS OF DATE HEREOF

Source text for Eikon:  ID:nEQbCZmVla 
Further company coverage:  SYAB.DE 
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