S&T AG: Final announcement on the share buyback program announced on 22 July 2019
Publication pursuant to Article 5(1)(b) and (3) of Regulation (EU) No 596/2014 and Article 2(2) and (3) of the Commission Delegated Regulation (EU) No 2016/1052
On 27 December 2019, S&T AG completed the share buyback program ("Share Buyback Program II 2019") announced on 22 July 2019 pursuant to Art. 2 para. 2 of the delegated regulation (EU) 2016/1052.
In total, S&T AG bought back 788.245 shares at a weighted average price of EURO 18,5822. This corresponds to 1,193% of the company's share capital. The total price without incidental expenses of the repurchased shares was EURO 14.647.351,95.
The shares were bought back by a bank commissioned by S&T AG exclusively via Xetra trading on the Frankfurt Stock Exchange.
S&T AG plans to use the repurchased shares for future acquisitions and to service the stock option programs.
Information on the individual transactions of the share buyback are published in accordance with Art. 2 Para. 3 of the Buyback Regulation on the S&T AG Investor Relations website at: https://ir.snt.at/Share_buyback_program_II_2019.en.html