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EQS-News: Wienerberger AG
/ Key word(s): Share Buyback/Strategic Company Decision
wienerberger is strongly committed to a shareholder value-orientated capital allocation strategy and cancels 2% of its share capital Vienna, February 12, 2025 – wienerberger is a leading international provider of innovative, ecological solutions for the entire building envelope in the fields of new build and renovation, as well as infrastructure for water and energy management. Even in challenging times, wienerberger has consistently pursued its value-creating growth strategy. The company’s development has been highly satisfactory, combining organic growth, an ambitious commercial and operational optimization program, and attractive acquisitions to broaden the company’s portfolio. wienerberger is committed to a disciplined capital allocation policy that consistently enhances shareholder value whilst maintaining at all times wienerberger’s strong balance sheet position. As part of this policy, wienerberger is committed to repurchasing and cancelling of 1-2% of its share capital annually, depending on market conditions. The most recent share buyback program was concluded at the end of last week From December 30, 2024, up to and including February 7, 2025, the company acquired 1,125,000 own ordinary bearer shares of Wienerberger AG at an average price of € 26,78 via the Vienna Stock Exchange. Heimo Scheuch, CEO of wienerberger, commented: “Share buybacks are an important part of our capital allocation strategy and, together with an attractive dividend policy, offer an enhanced shareholder return. Last week we successfully completed our latest share buyback program. To further enhance shareholder value, we will cancel up to 2% of the share capital during the next months.” For further information, please refer to the technical publication on the share buyback program: wienerberger
12.02.2025 CET/CEST This Corporate News was distributed by EQS Group. |
| Language: | English |
| Company: | Wienerberger AG |
| Wienerbergerplatz 1 | |
| 1100 Wien | |
| Austria | |
| Phone: | |
| Fax: | 159 |
| E-mail: | |
| Internet: | |
| ISIN: | AT0000831706 |
| Listed: | Vienna Stock Exchange (Official Market) |
| EQS News ID: | 2085551 |
| End of News | EQS News Service |
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2085551 12.02.2025 CET/CEST
