EANS-News: Wienerberger plans to cancel recently purchased shares
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Buybacks Vienna - January 20, 2020 - As reported, Wienerberger AG has successfully concluded a share buyback program with a total value of EUR 26.2 million. During this program, approx. 1% of share capital (1,163,514 shares) was bought back at an average share price of EUR 22.54 between September 10, 2019 and November 29, 2019. Wienerberger now intends to cancel these shares as announced. "In 2019, we continued to successfully implement our value accretive growth strategy. The cancellation of the shares will again increase the value of the company for our shareholders", commented Heimo Scheuch, Chairman of the Managing Board of Wienerberger AG. Wienerberger Group Wienerberger is the world's largest producer of bricks (Porotherm, Terca) and the market leader in clay roof tiles (Koramic, Tondach) in Europe as well as concrete pavers (Semmelrock) in Central and Eastern Europe. In pipe systems (Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one of the leading suppliers in Europe. With its total of 198 production sites, the Wienerberger Group generated revenues of EUR 3.3 billion and EBITDA LFL of EUR 470 million in 2018. Wienerberger AG is a pure free float company, whereby the majority of shares are held by Austrian and international institutional investors. Additional information on the shareholder structure is provided under https:// wienerberger.com/en/investors/share [https://wienerberger.com/en/investors/ share] Further inquiry note: Barbara Grohs, Head of Corporate Communications Wienerberger AG t +43 664 828 31 39 | Barbara.Grohs@wienerberger.com Anna Maria Grausgruber, Head of Investor Relations Wienerberger AG t +43 1 601 92 - 10221 | investor@wienerberger.com end of announcement euro adhoc --------------------------------------------------------------------------------
issuer: Wienerberger AG
Wienerbergerstraße 11
A-1100 Wien
phone: +43 1 60 192-0
FAX: +43 1 60 192-10159
mail: office@wienerberger.com
WWW: www.wienerberger.com
ISIN: AT0000831706
indexes: ATX
stockmarkets: Wien
language: English
Original-Content von: Wienerberger AG, übermittelt durch news aktuell