Share buyback
Share buyback 2020
ISIN DE0005470405 / WKN 547040
In view of the corona crisis, the Board of Management of LANXESS AG decided on April 6, 2020 to suspend the share buy-back program decided on March 10, 2020 for an indefinite period. The program has a total volume of up to EUR 500 million and was initiated on March 12, 2020 with a first tranche of up to EUR 250 million.
The aim is to conserve the Group's liquidity in light of the current uncertainties due to the corona pandemic.
The Board of Management of LANXESS will continuously monitor the challenging situation and decide about a resumption of the share buy-back program in due course.
Downloads
- Disclosure (11 March 2020)(PDF, 84.1 KB)
- 1) Overview of underlying individual trades (March 12 - March 13, 2020)(XLSX, 222.1 KB)
- 2) Overview of underlying individual trades (March 16 - March 20, 2020)(XLSX, 565.9 KB)
- 3) Overview of underlying individual trades (March 23 - March 27, 2020)(XLSX, 511 KB)
- 4) Overview of underlying individual trades (March 30 - April 3, 2020) (XLSX, 483.6 KB)
- 5) Overview of underlying individual trades (April 6, 2020)(XLSX, 113.5 KB)
- Disclosure suspend share buyback (April 7, 2020) (PDF, 16.4 KB)
The Board of Management of LANXESS AG decided on 10 January 2019 to make use of the authorization granted by the Stockholders’ Meeting on 20 May 2016 and to acquire own shares of up to EUR 200 million (excluding incidental costs) via the stock exchange. The share buy-back started on 14 January 2019 and was completed on 12 June 2019. LANXESS AG repurchased a total of 4,075,084 shares at a weighted average price of EUR 49.0787. This corresponds to 4.453% of the company's capital stock. The total price excluding incidental costs of the repurchased shares was EUR 199,999,958.47.
The repurchased shares were cancelled on 12 July 2019.
Announcement pursuant to section 5 para 3 of Regulation (EU) No. 596/2014 in conjunction with section 2 para 2 and 3 of the delegated regulation (EU) 2016/1052 of the commission.
The share buyback was suspended from May 20, 2019 until May 31, 2019 due to the Annual Stockholders' Meeting of LANXESS scheduled for May 23, 2019 and the following dividend payments.
