Covestro AG · ISIN: DE0006062144 · EQS - adhoc news

Share buyback program terminated ahead of schedule

The Board of Management of Covestro AG decided today to terminate the current share buyback program ahead of schedule due to the current overall situation and the limited time remaining until the end of the program. On February 28, 2022, Covestro AG had disclosed the start of the share buyback program pursuant to art. 5 para. 1 lit. a) of the Regulation (EU) no. 596/2014 and art. 2 para. 1 of the Delegated Regulation (EU) no. 2016/1052. The share buyback program had been intended to reach a volu...

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26 October 2023 07:22PM
Share buyback program terminated ahead of schedule
The Board of Management of Covestro AG decided today to terminate the current share buyback program ahead of schedule due to the current overall situation and the limited time remaining until the end of the program. On February 28, 2022, Covestro AG had disclosed the start of the share buyback program pursuant to art. 5 para. 1 lit. a) of the Regul...
Covestro AG
08 September 2023 07:29PM
Covestro AG decides to enter into open-ended discussions with Abu Dhabi National Oil Company
The Board of Management of Covestro AG has today decided, in view of the interest in Covestro expressed by Abu Dhabi National Oil Company, to enter into open-ended discussions with Abu Dhabi National Oil Company. Whether, in which form and, if applicable, at which conditions an agreement between the parties will be reached is open and will depend o...
Covestro AG
13 April 2023 06:47PM
Preliminary results for the first quarter 2023
In the course of preparing Covestro’s group accounts for the first quarter 2023, preliminary financial figures deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by Vara Research on April 13, 2023. Therefore, Covestro provides already today the following preliminary k...
Covestro AG
13 April 2023 06:47PM
Covestro AG: Preliminary results for the first quarter 2023
In the course of preparing Covestro’s group accounts for the first quarter 2023, preliminary financial figures deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by Vara Research on April 13, 2023. Therefore, Covestro provides already today the following preliminary k...
Covestro AG
13 January 2023 05:54PM
Preliminary results for fiscal year 2022
In the course of preparing Covestro’s group accounts for fiscal year 2022, preliminary full-year financial figures deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by Vara Research on January 12, 2023. Therefore, Covestro provides already today the following prelimi...
Covestro AG
29 July 2022 05:40PM
Covestro AG: Reduced earnings outlook for 2022
Covestro reduces its forecast for EBITDA, free operating cash flow (FOCF), return on capital employed over weighted average cost of capital (ROCE over WACC) and greenhouse gas emissions, measured via CO2 equivalents, for fiscal year 2022. This is a consequence of a recent significant further increase in energy costs and a further weakening global e...
Covestro AG
29 July 2022 05:40PM
Reduced earnings outlook for 2022
Covestro reduces its forecast for EBITDA, free operating cash flow (FOCF), return on capital employed over weighted average cost of capital (ROCE over WACC) and greenhouse gas emissions, measured via CO2 equivalents, for fiscal year 2022. This is a consequence of a recent significant further increase in energy costs and a further weakening global e...
Covestro AG
02 May 2022 07:34PM
Covestro AG: Reduced earnings outlook for 2022
Covestro reduces its forecast for EBITDA, free operating cash flow (FOCF), return on capital employed over weighted average cost of capital (ROCE over WACC) and greenhouse gas emissions, measured via CO2 equivalents, for fiscal year 2022. This is a consequence of the ongoing COVID-lockdown in China, particularly around the Shanghai region, further ...
Covestro AG
28 February 2022 07:37PM
Covestro AG: Covestro resolves on share buyback program with volume of approx. EUR 500 million
The Board of Management of Covestro AG - in light of the successful business development - today resolved on a share buyback program. The program amounts to a total volume of approximately EUR 500 million (without ancillary transaction costs) and shall be concluded within two years. Generally, the repurchased shares are subsequently to be cancelled...
Covestro AG
12 July 2021 02:07PM
Covestro AG: Raised earnings outlook for 2021
Covestro is raising its forecast for EBITDA, free operating cash flow (FOCF) and return on capital employed (ROCE) for fiscal year 2021 as a result of a further improved business outlook for the second half-year. The new expectation exceeds the previously provided forecast as well as current capital market expectations. The outlook factors in - un...
Covestro AG
13 April 2021 07:36PM
Covestro AG: Raised earnings outlook for 2021
Covestro is raising its forecast for EBITDA, free operating cash flow (FOCF) and return on capital employed (ROCE) for fiscal year 2021 as a result of a better than previously expected business development. The new expectation exceeds the previously provided forecast as well as current capital market expectations. Capital market expectations are b...
Covestro AG
08 December 2020 07:02PM
Covestro AG: Raised EBITDA and FOCF forecast for fiscal year 2020
Covestro raises its forecast for EBITDA and Free Operating Cash Flow (FOCF) in fiscal year 2020 as a consequence of a better than expected business development in the fourth quarter 2020. The new expectation exceeds the previously provided financial forecast as well as current capital market expectations. Capital market expectations are based on t...
Covestro AG
13 October 2020 11:07PM
Covestro AG: Covestro determines the placement price for the new shares
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR OTHER COUNTRIES WHERE SUCH A PUBLICATION COULD BE UNLAWFUL October 13, 2020 - Covestro AG has decided to increase its share capital through partial utilization of its Authorized Capital under the exclusion of sh...
Covestro AG
13 October 2020 06:04PM
Covestro AG: Covestro launches capital increase with exclusion of shareholders' subscription rights through accelerated bookbuilding
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR OTHER COUNTRIES WHERE SUCH A PUBLICATION COULD BE UNLAWFUL October 13, 2020 - Today, the Board of Management of Covestro AG, with the approval of the Supervisory Board, resolved on a capital increase against cas...
Covestro AG
09 October 2020 01:45PM
Covestro AG: Preliminary EBITDA of EUR 456 million in Q3 2020 above market expectation; FY 2020 outlook updated
In the course of preparing the Q3 2020 interim statement for Covestro Group, preliminary Q3 key financial data deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by Vara Research on October 7, 2020.   Therefore, Covestro provides already today the following preliminar...
Covestro AG
30 September 2020 08:01AM
Covestro AG: Covestro to acquire the Resins & Functional Materials business (RFM) from DSM
September 30, 2020 - Covestro today has signed an agreement to acquire the Resins & Functional Materials business (RFM) from Royal DSM. Through this transaction, Covestro is taking a significant step in its long-term corporate strategy to strengthen its sustainable and innovation-driven businesses. The integration of RFM will add about EUR 1 bi...
Covestro AG
More Covestro AG related information
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Corporate Research 0 - - Corporate Research
Directors Dealings 8 20th December 2022 Steilemann, Dr. Markus DD
Short Seller (DE) 24 16th February 2024 Qube Research & Technologies Limited SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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