Business
Heidelberg Materials AG: Release of a capital market information
Heidelberg Materials AG: Release of a capital market
About this update from Heidelberg Materials Ag
[{"type":"text","content":"\n\n\nEQS Post-admission Duties announcement: Heidelberg Materials AG\n\n\n / Share buyback programme\n\n\n\n\n\nHeidelberg Materials AG: Release of a capital market information \n\n\n\n\n\n\n20.05.2026 / 11:26 CET/CEST\n\n\nDissemination of a Post-admission Duties announcement transmitted by EQS News - a service of EQS Group.\n\nThe issuer is solely responsible for the content of this announcement.Disclosure pursuant to Article 5(1)(a) of Regulation (EU) No 596/2014 and Article 2(1) of Delegated Regulation (EU) 2016/1052 / Share buyback programme\n\nHeidelberg Materials AG\nBerliner Strasse 6, 69120 Heidelberg\n\n \n\nThe share buyback programme announced by Heidelberg Materials AG in an ad hoc notification on 21 February 2024 will be carried out in a third tranche starting 21 May 2026. In the period from 21 May 2026 until 15 December 2026 at the latest, shares in Heidelberg Materials AG (ISIN DE0006047004) up to a total price (without incidental acquisition costs) of 448 million euros shall be acquired via the stock exchange. Based on the current share-price level (168.35 euros, XETRA closing price of 19 May 2026), this would be up to 2,661,122 shares and around 1.51% of the share capital. The announced share buyback programme shall comprise a total volume of up to 1,2 billion euros (excluding incidental purchase costs) and be carried out in three tranches by means of an acquisition via the stock exchange, with completion by end of 2026 at the latest.\n\nThe Managing Board thereby will be making use of the authorisation to acquire treasury shares newly granted by the Annual General Meeting on 15 May 2025. This replaces the authorisation to acquire treasury shares granted by the Annual General Meeting on 11 May 2023, insofar as it has not already been utilized. According to it, Heidelberg Materials AG is authorised to acquire treasury shares until the end of 14 May 2030 up to a total of 10% of the share capital existing at the time of the adoption of the resolution by the Annual General Meeting or – if such amount is lower – of the share capital at the time this authorisation is exercised; this corresponds to 17,636,506 shares. The company does not currently hold any treasury shares. The shares acquired as part of the first and second tranche of the share buyback programme have since been fully cancelled. The company can t...