The Annual General Meeting on July 7, 2021, authorized the Management Board for a period of 30 months to buy back treasury shares representing up to 10% of the respective share capital. The buyback price may, at most, be 20% less than or 10% higher than the average closing price of the shares on the three market trading days prior to the buyback. The Management Board exercised this authorization on November 3, 2022, and resolved a buyback program involving up to 10,000,000 ordinary shares (= about 5.6% of the share capital) starting on November 10, 2022, and likely ending on July 10, 2023. Until July 10, 2023, voestalpine AG has bought back 7,070,000 ordinary shares under this stock buyback program.
|
|
Treasury shares in thousands |
|
Percentage of share capital |
|
Percentage of share capital in thousands |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
As of 03/31/2023 |
|
5,898.2 |
|
3.3 |
|
10,716.0 |
Additions in 2023/24 |
|
1,200.30 |
|
0.7 |
|
2,180.8 |
Disposals in 2023/24 |
|
0.0 |
|
0.0 |
|
0.0 |
As of 03/31/2024 |
|
7,098.5 |
|
4.0 |
|
12,896.8 |
