on Fabasoft AG (ETR:FAA)
Fabasoft AG Initiates Share Buyback Program
Fabasoft AG announced its decision to initiate a share buyback program, effective September 25, 2025, following approval from its Supervisory Board. The authorization, granted by the Annual General Meeting on July 9, 2025, allows the acquisition of treasury shares up to a total of EUR 2 million. This represents approximately 1.2% of the company's share capital, based on the current share price.
The buyback will be conducted by an independent bank, operating within the framework of the safe harbor provision under Regulation (EU) No. 596/2014. Nevertheless, the purpose of this repurchase extends beyond typical stipulations. The process is set to continue until January 31, 2027, with further details forthcoming.
R. P.
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