Henkel AG & Co. KGaA / DE0006048432
11.03.2025 - 06:55:28Henkel AG & Co. KGaA: Henkel resolves new share buyback program with a volume of up to 1 billion euros
EQS-Ad-hoc: Henkel AG & Co. KGaA / Key word(s): Share Buyback Henkel AG & Co. KGaA: Henkel resolves new share buyback program with a volume of up to 1 billion euros 11-March-2025 / 06:55 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. Düsseldorf, 2025-03-11T06:22+01:00 (CET) Henkel decides on new share buyback program with a volume of up to 1 billion euros Düsseldorf – The Management Board of Henkel AG & Co. KGaA resolved at its meeting today, with the approval of the Shareholders' Committee, to launch a share buyback program with a total value of up to 1 billion euros. Henkel preferred shares (ISIN DE0006048432 // WKN 604843) with a total value of up to 800 million euros and ordinary shares (ISIN DE0006048408 // WKN 604840) with a total value of up to 200 million euros are to be repurchased (for each excluding additional costs). Based on current stock market prices, this corresponds to a share of about 2.7 percent of the company's capital stock. The program is expected to start during the month of April 2025 and to be carried out until March 31, 2026, at the latest, with the involvement of a bank via the stock market. The Management Board is thus making use of the authorization granted by the Annual General Meeting on April 24, 2023, to purchase treasury shares of up to 10 percent of the capital stock. Henkel intends to hold the repurchased shares initially as treasury shares, reserving the right to cancel them and reduce the capital stock accordingly. Henkel will provide information on the start and progress of the share buyback program by appropriate publications and on its website and reserves the right to interrupt and resume or discontinue the share buyback program at any time. In this context, Henkel reconfirms that acquisitions in both business units remain an integral part of its strategy. Henkel AG & Co. KGaA Further information regarding financial instruments issued by Henkel
End of Inside Information 11-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | Henkel AG & Co. KGaA |
Henkel Str. 67 | |
40589 Düsseldorf | |
Germany | |
Phone: | +49 (0)211 797-0 |
Fax: | +49 (0)211 798-4008 |
E-mail: | press@henkel.com |
Internet: | www.henkel.de |
ISIN: | DE0006048432, DE0006048408 |
WKN: | 604843, 604840 |
Indices: | DAX |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange |
EQS News ID: | 2098266 |
End of Announcement | EQS News Service |
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2098266 11-March-2025 CET/CEST