CMS: TAKKT AG: Release of a capital market information
May 07, 2024 at 09:16 am
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EQS Post-admission Duties announcement: TAKKT AG
/ Share buyback - change notification
TAKKT AG: Release of a capital market information
07.05.2024 / 15:14 CET/CEST
Dissemination of a Post-admission Duties announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
TAKKT AG
Stuttgart
Security identification number 744 600
ISIN DE 000 744 600 7
Announcement of information on the buyback program pursuant to Art. 5 par. 1 lit. a) of Regulation (EU) 596/2014 and Art. 2 par. 1 of Delegated Regulation (EU) 2016/1052 // Share buyback - change notification
Temporary suspension of the share buyback program in connection with the Shareholders' Meeting 2024
TAKKT AG announced a share buyback program in an ad-hoc release dated October 4, 2022 and an announcement dated October 5, 2022. The buyback program is being carried out since October 6, 2022. The prolongation of the share buyback program was disclosed in an ad-hoc release on June 27, 2023 to end on December 31, 2024 at the latest.
TAKKT AG has decided that due to the settlement of the proposed dividend payment no shares will be bought back in a period of 3 trading days prior to the Shareholders' Meeting 2024 until the end of 4 trading days after the Shareholders' Meeting 2024.
The Shareholders' Meeting of TAKKT AG will take place on May 17, 2024. Therefore, no TAKKT shares will be repurchased in the period from May 14, 2024 to May 23, 2024 (both inclusive).
Stuttgart, Germany, May 07, 2024
TAKKT AG
Management Board
07.05.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
TAKKT AG is a Germany-based business-to-business (B2B) omnichannel distributor for business equipment. The Company operates in three segments: Industrial & Packaging (I&P), Office Furniture & Displays (OF&D) and FoodService (FS). The I&P segment is focused on the working environment of the factory or warehouse in the manufacturing industry and logistics. The OF&D segment is geared towards service providers. The FS segment is geared towards hotels, restaurants, and catering. The Group operates in approximately 25 countries in Europe and North America. It is active through numerous brands, such as Ratioform, KAISER+KRAFT, Hubert, and Gerdmans, amongst others.