Wienerberger Announces Share Buyback Program

Wienerberger AG, headquartered in Vienna, has announced a buyback program for its own shares. The initiative, authorized by the company's Annual General Meeting on May 7, 2024, allows for the repurchase of up to 1,125,000 shares. This represents approximately 1.0% of the company’s share capital.

The buyback process will take place on the Vienna Stock Exchange from September 11, 2024, to October 15, 2024. The shares will be bought at a minimum price of EUR 1.00 per share, with a maximum price set at 20% above the average closing price of the previous ten trading days.

A credit institution will manage the repurchase process independently, adhering to the regulations specified in the EU's Commission Delegated Regulation (EU) 2016/1052 of March 8, 2016.

The buyback aims to utilize the shares for various purposes as authorized by the general meeting. No impact on the stock exchange listing of Wienerberger AG shares is expected.