on Wienerberger AG (isin : AT0000831706)
Wienerberger AG Cancels 2% of Share Capital in Strategic Move
On February 12, 2025, Wienerberger AG announced the completion of its most recent share buyback program. The company acquired 1,125,000 ordinary shares at an average price of €26.78 via the Vienna Stock Exchange. This move is part of Wienerberger's strategic commitment to enhance shareholder value through disciplined capital allocation. The company plans to cancel up to 2% of its share capital, maintaining its strong financial position.
CEO Heimo Scheuch emphasized the significance of share buybacks in their strategy, offering shareholders enhanced returns alongside a robust dividend policy. Despite market challenges, Wienerberger's development remains strong, focusing on organic growth and strategic acquisitions to broaden its portfolio.
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