- 08.11.2017, 07:02:08
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- OTE0001
EANS-Adhoc: ams AG / ams announces new share repurchase program for up to two year period to start on 10 November 2017
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Buybacks
08.11.2017
Premstaetten - Premstaetten, Austria (8 November 2017) - ams AG (SIX: AMS), a
leading worldwide supplier of high performance sensor solutions, announces that
the Management Board has decided to launch a further share repurchase program
for up to 8.0% of the issued share capital. In line with the resolution by the
shareholders' meeting of ams AG on 9 June 2017, the repurchased shares may be
used for the purpose of covering option exercises under employee stock option
plans, as compensation for acquisitions of businesses, for the cancellation of
such shares and/or for resale. Based on the current outstanding number of
84,419,82 bearer shares the maximum repurchase volume amounts to 6,753,586
bearer shares.
The repurchase of own shares shall be executed via the ordinary trading line on
SIX Swiss Exchange at market price. The repurchase program will commence on 10
November 2017 and will be upheld until 8 November 2019 at the latest. ams AG
retains the right to terminate the program at any time and has no obligation to
purchase own shares under this share repurchase program. The requirements set
forth by the Circular No 1 of the Swiss Takeover Board are complied with. Bank
J. Safra Sarasin AG, Basel (Switzerland), has been mandated to execute the share
repurchase program.
Further inquiry note:
Moritz M. Gmeiner
Vice President Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: [email protected]
end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Premstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: [email protected]
WWW: www.ams.com
ISIN: AT0000A18XM4
indexes:
stockmarkets: SIX Swiss Exchange
language: English
ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | EAE






