Bilfinger SE Initiates Share Buyback Program

Bilfinger SE has announced the commencement of a share buyback program effective January 21, 2025. The program, approved by the executive and supervisory boards on December 10, 2024, permits the acquisition of up to 1,100,110 treasury shares with an allocated budget of 50 million euros. This buyback may fulfill purposes including share-based remuneration programs for employees and executives.

The initiative is underpinned by the authorization from Bilfinger's Annual General Meeting on April 20, 2023, permitting the reacquisition of up to 10% of the company’s capital stock. Purchases will be facilitated by a credit institution, ensuring compliance with EU regulation 596/2014, focusing on equal treatment and market conditions. The buyback will be conducted solely through the XETRA trading system.

Bilfinger SE ensures transparency by committing to disclose details of transactions by the seventh market session after execution and making this information accessible on their website for a minimum of five years.