Put companies on watchlist
TAKKT AG
ISIN: DE0007446007
WKN: 744600
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

TAKKT AG · ISIN: DE0007446007 · EQS - adhoc news (60 News)
Country: Germany · Primary market: Germany · EQS NID: 1456741
04 October 2022 06:12PM

TAKKT AG resolves on share buyback program with a volume of up to EUR 25 million


EQS-Ad-hoc: TAKKT AG / Key word(s): Share Buyback
TAKKT AG resolves on share buyback program with a volume of up to EUR 25 million

04-Oct-2022 / 18:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


TAKKT AG resolves on share buyback program with a volume of up to EUR 25 million

Stuttgart, Germany, October 4, 2022. In view of the current valuation, the high equity ratio and the cash flow strength of the business model, the Management Board of TAKKT AG today decided to buy back up to three percent of the current share capital.

TAKKT intends to acquire up to 1,968,309 shares via the stock exchange for a total purchase price of up to EUR 25 million (excluding incidental costs). The buyback program will start on October 6, 2022 and will run until June 30, 2023 at the latest. It is based on the authorization by the Shareholders' Meeting on May 18, 2022. The repurchased shares may be used for all purposes permitted under the provisions of stock corporation law and the aforementioned authorization.

TAKKT remains committed to its existing dividend policy.


Contact:
Michael Loch
VP Group Treasury & Invstor Relations
Presselstr. 12
70191 Stuttgart
Germany
+49 711 3465 8222

04-Oct-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: TAKKT AG
Presselstr. 12
70191 Stuttgart
Germany
Phone: +49 (0)711 3465 80
Fax: +49 (0)711 3465 8104
E-mail: investor@takkt.de
Internet: www.takkt.de
ISIN: DE0007446007
WKN: 744600
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 1456741

 
End of Announcement EQS News Service

1456741  04-Oct-2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1456741&application_name=news&site_id=boersengefluester_html
Visual performance / price development - TAKKT AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.