on IVU Traffic Technologies AG (isin : DE0007448508)
IVU Traffic Technologies AG Announces Share Buyback Program
Berlin-based IVU Traffic Technologies AG has initiated a share buyback program as approved by their Executive Board. The decision follows authorization from the Annual General Meeting on May 29, 2024, permitting the company to acquire shares for purposes allowed under section 71 (1) no. 8 of the AktG.
The buyback will occur between October 28, 2024, and March 31, 2025, targeting up to 100,000 shares. This represents 0.56% of the company's share capital and is capped at €1,500,000. The repurchase will be conducted through XETRA trading by an independent credit institution, adhering to EU regulations.
IVU Traffic Technologies AG plans to update the repurchase progress via their website under Investors/IVU Share.
R. H.
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