S&T AG: S&T AG resolves on buyback program for own shares
Linz, 17.01.2019. The Executive Board of S&T AG (www.snt.at) today approved a buyback program for own shares using the authorization granted by the extraordinary shareholder meeting on 15 January 2019. The authorizing resolution was published via the company's electronic financial news service on 15 January 2019 and grants the permission to implement the buyback program 2019 for own shares (“Aktienrückkaufprogramm 2019”) pursuant to § 65 paragraph 1 N 8 of the Stock Corporation Act (AktG).
The repurchase of shares under the buyback program 2019 will be managed by a bank. The volume amounts to up to 2.000.000 shares and the buyback program is planned to commence on 22 January 2019 (terms outlined below).
Details on the buyback program 2019 will be published on the company's website under: