Init innovation in traffic systems SE decides share buyback

EQS-Ad-hoc: init innovation in traffic systems SE / Key word(s): Share Buyback init innovation in traffic systems SE decides share buyback 16-Jan-2023 / 13:26 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 AG. The issuer is solely responsible for the content of this announcement. The managing board of init innovation in traffic systems SE has decided in accordance with the resolution of the general meeting of 26 May 2020, topic 7 of the agenda to repurchase up to 35,000 own shares (pursuant to § 71 (1.8) AktG) for a maximum total purchase price of EUR 950,000 (without additional charges) via the stock exchange. The repurchased shares are to be used for existing and future employee share program, incentive program for members of the managing board and managing directors, as acquisition currency and/or for cash to third party. It is planned to transact the share buyback during the period from 17 January 2023 to 24 February 2023 on the stock exchange.     Contact: Person making the notification: Simone Fritz Investor Relations [e-mail] 16-Jan-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	init innovation in traffic systems SE
	Käppelestraße 4-10
	76131 Karlsruhe
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.initse.com
ISIN:	DE0005759807
WKN:	575980
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1536061

End of Announcement	EQS News Service

1536061  16-Jan-2023 CET/CEST