Business
Meier Tobler : 25.03.25 Meier Tobler ends fixed-price buyback offer
Meier Tobler : 25.03.25 Meier Tobler ends fixed-price buyback
About this update from Meier Tobler Group Ag
[{"type":"text","content":"AD HOC ANNOUNCEMENT PURSUANT TO ARTICLE 53 LR\n Schwerzenbach, 25 March 2025\n Meier Tobler ends first tranche of 2025 fixed-price buyback offer\n On 6 March 2025, Meier Tobler announced it would spend up to CHF 6.0 million buying back its own registered shares at a fixed price of CHF 29.75 per share for the purposes of capital reduction. Based on the fixed price, this was equivalent to a maximum of 201 680 registered shares or 1.74 percent of the company's current share capital. The offer period ran from 7 March 2025 to 12.00 noon CET on 24 March 2025.\n Shareholders tendered 47 384 registered shares under the buyback offer. As this is less than the maximum number of registered shares, all shares tendered by shareholders were accepted. The net buyback price, i.e. the fixed price less 35 percent withholding tax on half of the difference between the fixed price and par value, will be paid on 27 March 2025 (settlement date) against delivery of the registered shares.\n The buyback notice can be viewed at meiertobler.ch/aktie.\n Further information\n Meier Tobler, Lukas Leuenberger, CFO +41 44 806 47 44,[email protected]\n Meier Tobler is a provider of building technology systems that focuses on the Swiss market. The company was founded in 1937 and now employs some 1300 people. Shares in Meier Tobler are listed on the SIX Swiss Exchange (symbol MTG).\n This ad hoc announcement is available at meiertobler.ch/de/investoren/ad-hoc-mitteilungen.\n Meier Tobler Group Ltd.\n Bahnstrasse 24, 8603 Schwerzenbach, Switzerland Telephone +41 44 806 41 41, fax +41 44 806 41 [email protected], meiertobler.ch\n 1/1","length":2580,"tagName":"div"}]