Landis+Gyr announces share buyback program of up to USD 37 million
Reuters2026/08/20 04:51Bitget 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, targeting up to 2.09% of outstanding registered shares.
- The program is intended to complete the return of net proceeds from the EMEA business disposal, previously set at up to USD 175 million.
- Prior buybacks repurchased 7.83% of shares for CHF 112 million, including a CHF 50 million fixed-price tender in August 2026.
- Repurchases will be executed via the SIX Swiss Exchange, starting Aug. 21, 2026, running no later than Oct. 27, 2028.
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.
