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On 24 March 2022, SYNLAB AG announced a share buyback. The share buyback programme with a volume of up to 660,566 shares (at a total maximum amount of €16,514,150) will start at the earliest on 01 April 2022 and will end at the latest on 30 June 2025.
The volume of the share buy-back program 2022 was determined on the basis of the allocations made under or declared accessions of beneficiaries to the long-term incentive plans and employee participation program of the Company and its Group companies at the time of the resolution. A maximum amount of EUR 16,514,150.00 (excluding ancillary costs) has been allocated to the share buy-back program 2022.
The share buy-back program 2022 will be implemented in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and Delegated Regulation (EU) 2016/1052 of the Commission of 8 March 2016.
Disclosures
Weekly Announcements pursuant to Article 2 Sec. 1 of Commission Delegated Regulation (EU) No. 2016/1052 supplementing Regulation (EU) No. 596/2014 (MAR)
You can find the weekly announcements on the DGAP website.