on Energiekontor AG (ETR:EKT)
Energiekontor AG Announces New Share Buyback Program
Energiekontor AG, based in Bremen, announced a decision to initiate a new share buyback program as of 28 May 2026. This resolution was approved by both the Management and Supervisory Boards. The company plans to repurchase up to 80,000 treasury shares based on authorization from the Annual General Meeting held on 2 July 2025.
The share repurchase is set to occur between 28 May 2026 and 27 May 2027, with a budget not exceeding 9 million euros. The shares will be acquired via the stock exchange, handled by Quirin Privatbank AG, following the Safe Harbour provisions. The acquisition price per share must align closely with the average price on the Frankfurt Stock Exchange.
The program allows legal use of the acquired shares, and weekly transaction updates will be posted on Energiekontor's website. This initiative signifies a strategic move to optimize capital allocation and shareholder value.
R. E.
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