Landis+Gyr launches USD 37 million share buyback program
Reuters2026/08/20 04:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Landis+Gyr launched a new share buyback of up to USD 37 million, capped at 2.09% of registered shares.
- Program starts Aug. 21, 2026, runs until Oct. 27, 2028 at the latest, completing the return of EMEA divestment proceeds.
- Earlier buyback launched Oct. 29, 2025 repurchased 4.38% for CHF 62 million, then ended July 31, 2026.
- Fixed-price offer in August 2026 bought 3.46% for CHF 50 million; combined repurchases totaled 7.83% for CHF 112 million.
- Including treasury stock, the company holds 7.91% of its own registered shares.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landis&Gyr Group AG published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.