Share buyback programme
From 13 August 2019 to 31 December 2019
On 8 August 2019, Kendrion launched an additional share buyback programme of 625,000 shares or EUR 10 million to reduce its issued share capital.
These transactions commenced on 13 August 2019 and will be completed by 31 December 2019.
An overview of all transactions is provided below.
From 15 May 2019 to 17 July 2019
Kendrion has completed the repurchase of 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 repurchased the ordinary shares by engaging a third party to execute the transactions on its behalf. These transactions commenced on 15 May 2019 and were completed on 17 July 2019.
The complete overview of all transactions is provided below.