Share buyback programme
On 7 May 2019 Kendrion announced that it will repurchase 161,684 ordinary shares to neutralise the dilutive effect of the 2018 final stock dividend and share-based incentive plans.
These shares will be held as treasury shares and will be used to pay future stock dividends and share-based incentive plans.
Kendrion is committed to the repurchase of the ordinary shares by engaging a third party to execute the transactions on its behalf.
The first progress report was published on Monday 20 May 2019.