EANS-Adhoc: ams AG
ams achieves maximum share repurchase volume and completes current share repurchase program
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Buybacks 26.04.2020 Premstaetten - Premstaetten, Austria (27 April 2020) -- ams AG (SIX: AMS), a leading worldwide supplier of high performance sensor solutions, announces that, based on the current outstanding number of 274,289,280 bearer shares, the maximum repurchase volume under the current share repurchase program of max. 5% or 13,714,464 bearer shares has been achieved and the repurchase program has been completed. In line with the resolution by the Annual General Meeting on 5 June 2019, the purpose of the share repurchase program was to repurchase the necessary shares to service obligations under long-term employee incentive programs. The repurchase of ams' own shares has been executed via the ordinary trading line on SIX Swiss Exchange at market price. Bank Vontobel AG was mandated to execute the share buyback program. The repurchase program started on 8 April 2020 and has been upheld until 24 April 2020. The conditions set forth by Circular No. 1 of the Swiss Takeover Board have been complied with. ### About ams ams is a global leader in the design and manufacture of advanced sensor solutions. Our mission is to shape the world with sensor solutions by providing a seamless interface between humans and technology. ams' high-performance sensor solutions drive applications requiring small form factor, low power, highest sensitivity and multi-sensor integration. Products include sensor solutions, sensor ICs, interfaces and related software for consumer, communications, industrial, medical, and automotive markets. With headquarters in Austria, ams employs around 8,500 people globally and serves more than 8,000 customers worldwide. ams is listed on the SIX Swiss stock exchange (ticker symbol: AMS). More information about ams can be found at https: //ams.com [https://ams.com/] Join ams social media channels: >Twitter [https://twitter.com/amsAnalog] >LinkedIn [https://www.linkedin.com/ company/ams-ag] >Facebook [https://www.facebook.com/amsAnalog] >YouTube [https:/ /www.youtube.com/user/amsAnalog] ams is a registered trademark of ams AG. In addition many of our products and services are registered or filed trademarks of ams Group. All other company or product names mentioned herein may be trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice. Further inquiry note: Moritz M. Gmeiner Vice President Investor Relations Tel: +43 3136 500-31211 Fax: +43 3136 500-931211 Email: investor@ams.com end of announcement euro adhoc --------------------------------------------------------------------------------
issuer: ams AG
Tobelbader Strasse 30
A-8141 Premstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
ISIN: AT0000A18XM4
indexes:
stockmarkets: SIX Swiss Exchange
language: English
Original-Content von: ams AG, übermittelt durch news aktuell