INDUS Holding AG Announces Share Buyback Initiative

On November 11, 2024, INDUS Holding AG's Board of Management, with Supervisory Board approval, announced a public Share Buyback Offer. The aim is to repurchase up to 700,000 shares at EUR 21.65 each, amounting to a total of EUR 15,155,000. The offer period runs from November 12 to November 25, 2024. This initiative allows shareholders to participate in the company's strategy adjustment.

Additionally, the company is implementing a Share Buyback Program, aiming to repurchase up to 200,000 shares via the stock exchange. This program, distinct from the initial offer, will begin on December 2, 2024, and extend until May 16, 2025. The buyback initiatives form part of a broader strategy, utilizing share purchase authorization granted in 2020 to buy back up to 10% of capital by August 2025.

The repurchased shares are intended for various authorized purposes, potentially including redemption. These strategic moves are compliant with European financial regulations to ensure market stability and shareholder value enhancement.