AD HOC ANNOUNCEMENT PURSUANT TO ARTICLE 53 LR
Schwerzenbach, 6 September 2024
Meier Tobler ends second 2024 tranche of fixed-price buyback offer
On 21 August 2024, Meier Tobler announced it would spend up to CHF 6.0 million buying back its own registered shares at a fixed price of CHF 27.00 per share for the purposes of capital reduction. Based on the fixed price, this was equivalent to a maximum of 222 222 registered shares or 1.92 percent of the company's current share capital. The offer period ran from 22 August 2024 to 12.00 noon CEST on 5 September 2024.
Shareholders tendered 90 700 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 10 September 2024 (settlement date) against delivery of the registered shares.
The buyback notice can be viewed at meiertobler.ch/aktie.
Further information
Meier Tobler, Lukas Leuenberger, CFO
+41 44 806 47 44, lukas.leuenberger@meiertobler.ch
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).
This ad hoc announcement is available at meiertobler.ch/de/investoren/ad-hoc-mitteilungen.
Meier Tobler Group Ltd.
Bahnstrasse 24, 8603 Schwerzenbach, Switzerland
Telephone +41 44 806 41 41, fax +41 44 806 41 00
info@meiertobler.ch, meiertobler.ch | 1/1 |
