on AUSTRIACARD HOLDINGS AG (isin : AT0000A325L0)
AUSTRIACARD HOLDINGS AG Announces New Share Buy-Back Program
On June 28, 2024, the management board of AUSTRIACARD HOLDINGS AG resolved to implement a new share buy-back program. This decision is based on the authorization given during the annual general meeting on June 30, 2023, and subsequently approved by the supervisory board.
The Share Buy-Back Program II aims to acquire shares for remuneration purposes, including transferring shares to employees and senior executives. PIRAEUS SECURITIES S.A. will handle the acquisitions through stock exchanges and multilateral trading facilities.
The program will start on July 1, 2024, and continue until December 31, 2024, with a maximum volume of 727,077 shares. The share price will not be lower than EUR 1 and not more than 20% above the average price of the last 20 trading days, with a cap at EUR 12 per share. The total consideration for the program is set at EUR 5,816,616.
Details and any changes to the program will be published according to valid legislation on the company's website.
R. P.
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