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Chocoladefabriken Lindt & Sprüngli AG
ISIN: CH0010570759
WKN: 859568
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Chocoladefabriken Lindt & Sprüngli AG · ISIN: CH0010570759 · EQS - adhoc news (25 News)
Country: Switzerland · Primary market: Switzerland · EQS NID: 1202333
31 May 2021 07:00AM

Lindt & Sprüngli starts buyback program for registered shares and participation certificates


EQS Group-Ad-hoc: Chocoladefabriken Lindt & Sprüngli AG / Key word(s): Miscellaneous
Lindt & Sprüngli starts buyback program for registered shares and participation certificates

31-May-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.


Press Release Buyback Program 2021/2022 | May 31, 2021

The buyback begins on June 1, 2021 and lasts until December 30, 2022 at the latest. For the buyback, a separate trading line for each of the registered shares and PCs will be opened on SIX Swiss Exchange AG. The buyback is based on the high liquidity, solid balance sheet, and continuously high cash flow of Lindt & Sprüngli. The Board of Directors intends to propose the capital reduction by cancellation of the repurchased registered shares and PCs at upcoming Annual General Meetings. The ordinary trading of registered shares and PCs will not be affected by this measure and will continue normally. The Board of Directors also intends to maintain the existing dividend policy in the future.


For more information, please click on the following link: https://www.lindt-spruengli.com/investors/financial-reporting/share-buyback-program 
 

Kilchberg, May 31, 2021 - The Chocoladefabriken Lindt & Sprüngli AG starts a buyback program for Lindt & Sprüngli registered shares and participation certificates (PCs) in the amount of up to CHF 750 million. 

Media Contact | +41 44 716 22 33 | media@lindt.com
Investors Contact | +41 44 716 25 37 | investors@lindt.com

 

Press Release (PDF)

About Lindt & Sprüngli
Lindt & Sprüngli has been enchanting the world with chocolate for over 175 years. The traditional Swiss company with its roots in Zurich is a global leader in the premium chocolate sector. Today, Lindt & Sprüngli produces quality chocolates at its 11 factories in Europe and the USA. Its products are sold by 29 subsidiaries and regional offices, in around 500 of its own shops as well as via a network of more than 100 independent distributors around the globe. With more than 13,500 employees, the Lindt & Sprüngli Group reported sales of CHF 4.02 billion in 2020.



End of ad hoc announcement
Language: English
Company: Chocoladefabriken Lindt & Sprüngli AG
Seestrasse 204
8802 Kilchberg
Switzerland
Phone: + 41 44 716 25 37
E-mail: investors@lindt.com
Internet: www.lindt-spruengli.com
ISIN: CH0010570759, CH0010570767
Valor: 1057075, 1057076
Listed: SIX Swiss Exchange
EQS News ID: 1202333

 
End of Announcement EQS Group News Service

1202333  31-May-2021 CET/CEST

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This publication was provided by our content partner EQS3.

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(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

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