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Wirecard is starting a share buyback program for an amount of up to EUR 200 million

Today 18 Oct. 2019 , at 16.04 CEST Wirecard published an Insider Information according to Article 17 MAR

Exercising the authorization resolved by the Company\-\-s annual general meeting held on June 20, 2017, the management board of Wirecard AG (ISIN DE0007472060) (the \”Company\”) today resolved, with approval of the Company\-\-s supervisory board, to implement a share buyback program (the \”Share Buyback Program 2019/I\”). Within the Share Buyback Program 2019/I, it is planned to buy back Company\-\-s shares in a twelve-month period for an aggregate amount of up to EUR 200 million (excluding acquisition expenses). The Share Buyback Program 2019/I is expected to start in the next few days.

The share buyback will be carried out in accordance with the Safe Harbor Rules defined under Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council dated April 16, 2014, in conjunction with the provisions of the Delegated Regulation (EU) 2016/1052 of the Commission dated March 8, 2016.

The Company will announce further details separately prior to the commencement of the Share Buyback Program 2019/I.

Posted by on 18. October 2019. Filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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