on Fabasoft AG (ETR:FAA)
Fabasoft AG Initiates Share Buyback Program
On September 23, 2025, Fabasoft AG's Managing Board, with the Supervisory Board's approval, decided to exercise the authorization from the Annual General Meeting on July 9, 2025. The company aims to acquire treasury shares worth up to EUR 2 million, which is approximately 1.2% of the company's share capital, based on the current share price.
The buyback will be managed by a bank, which will independently decide the timing of the acquisition. Purchases will be conducted through the stock exchange under the safe harbor rules of Art. 5 of Regulation (EU) No. 596/2014, with exceptions regarding the repurchase's purpose.
This buyback, set to commence on September 25, 2025, is expected to conclude by January 31, 2027. Fabasoft AG will release more details before the program starts.
R. P.
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