Landis+Gyr announces share buyback program of up to USD 37 million

Reuters2026/08/20 04:51

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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.

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.

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Landis+Gyr announces share buyback program of up to USD 37 million

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