TAKKT AG O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TTK
ISIN:	DE0007446007

EQS-Adhoc: TAKKT AG resolves on share buyback program with a volume of up to EUR 25 million

EQS-Ad-hoc: TAKKT AG / Key word(s): Share Buyback
TAKKT AG resolves on share buyback program with a volume of up to EUR 25 million

04-Oct-2022 / 18:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

TAKKT AG resolves on share buyback program with a volume of up to EUR 25 million

Stuttgart, Germany, October 4, 2022. In view of the current valuation, the high equity ratio and the cash flow strength of the business model, the Management Board of TAKKT AG today decided to buy back up to three percent of the current share capital.

TAKKT intends to acquire up to 1,968,309 shares via the stock exchange for a total purchase price of up to EUR 25 million (excluding incidental costs). The buyback program will start on October 6, 2022 and will run until June 30, 2023 at the latest. It is based on the authorization by the Shareholders' Meeting on May 18, 2022. The repurchased shares may be used for all purposes permitted under the provisions of stock corporation law and the aforementioned authorization.

TAKKT remains committed to its existing dividend policy.

Contact:
Michael Loch
VP Group Treasury & Invstor Relations
Presselstr. 12
70191 Stuttgart
Germany
+49 711 3465 8222

04-Oct-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:	English
Company:	TAKKT AG
	Presselstr. 12
	70191 Stuttgart
	Germany
Phone:	+49 (0)711 3465 80
Fax:	+49 (0)711 3465 8104
E-mail:	[email protected]
Internet:	www.takkt.de
ISIN:	DE0007446007
WKN:	744600
Listed:	Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID:	1456741


End of Announcement	EQS News Service

1456741 04-Oct-2022 CET/CEST

EQS Group

EQS Group is a leading international technology provider for Digital Investor Relations, Corporate Communications and Compliance. More than 8,000 companies worldwide trust EQS’s products and services to securely, efficiently, and simultaneously fulfil complex national and international disclosure and compliance requirements, and to reach stakeholders globally.

Lastest analyses : TAKKT AG O.N.