Report
Sinan Doganli

TeamViewer AG : New share buyback programme announced and Permira representative to step down from supervisory board

>New share buyback programme of up to € 150m announced - In a press release from December 7, TeamViewer announced a new share buyback programme of up to € 150m, which will start shortly and is scheduled to be completed in 2024. It follows the company's recent share buyback programme of € 150m that was completed on 30 November and through which TeamViewer acquired around 10m shares at an average estimated price of roughly € 15 per share. This amounts to approximately 5...
Underlying
TeamViewer AG

Teamviewer AG. TeamViewer AG is a Germany-based company engaged in the software development. The Company focuses primarily on the cloud-based technologies that enable online remote support and collaboration globally. The Company offers software solutions to remotely access and connect any computer, tablet, laptop, mobile device and Internet of Things (IoT) endpoint, such us industrial machines to allow remote control, management and monitoring of devices, as well as interaction and collaboration. Its product portfolio includes TeamViewer, TeamViewer Tensor, TeamViewer Pilot, TeamViewer loT, TeamViewer Remote Management, servicecamp and Bizz. The Company has offices in Europe, the United States and Asia Pacific.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Sinan Doganli

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