Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Infineon to complete limited Share Buyback Program serving fulfillment of obligations under existing employee participation programs

Infineon Technologies AG has successfully completed its Share Buyback Program 2024, announced on 26 February 2024 in accordance with Article 5(1)(a) of Regulation (EU) No 596/2014 and Article 2(1) of Delegated Regulation (EU) No 2016/1052. As part of the Share Buyback Program 2024, a total of 7,000,000 shares (ISIN DE0006231004) were acquired. The total purchase price of the repurchased shares was € 232,872,668. The average purchase price paid per share was € 33.27.

Alexander Foltin, Head of Finance, Treasury and Investor Relations of Infineon

The buyback was carried out on behalf of Infineon by an independent credit institution via Xetra trading on the Frankfurt Stock Exchange, serving the sole purpose of allocating shares to employees of the company or affiliated companies, members of the Management Board of the company as well as members of the management board and the board of directors of affiliated companies as part of the existing Employee Participation Programs.

The post Infineon to complete limited Share Buyback Program Serving Fulfillment of obligations under Existing Employee Participation programs appeared first on ELE Times.



This post first appeared on Latest Technology Electronics News Magazine, please read the originial post: here

Share the post

Infineon to complete limited Share Buyback Program serving fulfillment of obligations under existing employee participation programs

×

Subscribe to Latest Technology Electronics News Magazine

Get updates delivered right to your inbox!

Thank you for your subscription

×