UK markets closed

  • NIKKEI 225

    26,659.75
    +112.70 (+0.42%)
     

  • HANG SENG

    20,602.52
    +652.31 (+3.27%)
     

  • CRUDE OIL

    113.18
    -1.02 (-0.89%)
     

  • GOLD FUTURES

    1,813.00
    -1.00 (-0.06%)
     

  • DOW

    32,654.59
    +431.17 (+1.34%)
     

  • BTC-GBP

    24,145.42
    +188.97 (+0.79%)
     

  • CMC Crypto 200

    677.89
    +435.21 (+179.33%)
     

  • ^IXIC

    11,984.52
    +321.73 (+2.76%)
     

  • ^FTAS

    4,149.88
    +29.54 (+0.72%)
     
Crypto:

Stablecoin storm spreads after billions of tether is cashed out

Investors rushed to redeem $7.6bn of the cryptocurrency in one week

Bilfinger SE: Bilfinger decides to start the share buyback program of up to EUR 100 million from July 1, 2022

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • BFLBF
  • BFLBY

Bilfinger SE / Key word(s): Share Buyback
Bilfinger SE: Bilfinger decides to start the share buyback program of up to EUR 100 million from July 1, 2022

13-May-2022 / 14:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

With the approval by the Supervisory Board, the Executive Board resolved today to start a new share buyback program from July 1, 2022. Under the program, a maximum of up to 4,103,732 treasury shares of Bilfinger SE may be acquired via the stock exchange at a maximum acquisition price (excluding incidental acquisition costs) of EUR 100 million. The program will run no longer than until March 17, 2023.

Thus, Bilfinger SE is making use of the authorization granted by the Annual General Meeting on May 11, 2022, according to which shares may be repurchased until May 10, 2027 in an amount of up to 10% of the capital stock of the Company existing at the time the resolution was adopted and subject to the proviso that the shares to be purchased under this authorization, together with other shares in the Company which the Company previously purchased and still holds or which are attributable to the Company pursuant to Sections  71d and 71e AktG, will at no time account for more than 10% of the capital stock of Bilfinger SE. The Company currently holds 203,924 treasury shares from previous share buyback programs (approx. 0.50% of capital stock).

The repurchased shares may be used for all purposes permitted under the authorization granted by the Annual General Meeting on May 11, 2022. The shares may also be cancelled.

The share buyback will be oriented on the provisions of Regulation (EU) No. 596/2014 and the Commission Delegated Regulation (EU) 2016/1052. Bilfinger SE reserves the right to cancel the program at any time.

13-May-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Bilfinger SE

Oskar-Meixner-Straße 1

68163 Mannheim

Germany

Phone:

+49 (0621) 459-0

Fax:

+49 (0621) 459-23 66

E-mail:

ir@bilfinger.com

Internet:

http://www.bilfinger.com

ISIN:

DE0005909006

WKN:

590900

Indices:

SDAX

Listed:

Regulated Market in Frankfurt (Prime Standard), Hamburg, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Tradegate Exchange; Luxembourg Stock Exchange

EQS News ID:

1352237


 

End of Announcement

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Latest stories

  • Made.com shares slump on warning over losses and sliding sales

    The online furniture firm’s shares slumped as it slashed its sales outlook and said trading would remain ‘highly challenging’ this year.

  • The Global Hybrid Vehicle Market is expected to grow by $ 722.82 bn during 2022-2026, accelerating at a CAGR of 26.37% during the forecast period

    Global Hybrid Vehicle Market 2022-2026 The analyst has been monitoring the hybrid vehicle market and it is poised to grow by $ 722. 82 bn during 2022-2026, accelerating at a CAGR of 26.New York, May 17, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Hybrid Vehicle Market 2022-2026" - https://www.reportlinker.com/p06277469/?utm_source=GNW 37% during the forecast period. Our report on the hybrid vehicle market provides a holistic analysis, market size and for

  • X-Ray Systems Devices And Equipment Global Market Report 2022

    Major players in the X-ray devices and equipment market are Siemens Healthcare, Carestream Health, Philips Healthcare, Hitachi Medical, GE Healthcare, Shimadzu, Fujifilm Holdings, Toshiba Medical Systems Corporation, and Canon.New York, May 16, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "X-Ray Systems Devices And Equipment Global Market Report 2022" - https://www.reportlinker.com/p06277186/?utm_source=GNW The global x-ray systems devices and equipment market is

  • Why CQS New City High Yield Fund passes this stock selection checklist

    In times of turmoil, it can be hard to know what lies in store for stocks. But using the same approach as some of the world's most influential strategists coul...

  • Imperial Brands sees profits drop after Russia hit

    The business wrote off £225 million after exiting Russia.

  • Biofertilizers Market Research Report by Microorganism Type, Technology, Crop Type, Application, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

    Biofertilizers Market Research Report by Microorganism Type (Azospirillum, Azotobacter, and Blue-Green Algae), Technology, Crop Type, Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19New York, May 17, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Biofertilizers Market Research Report by Microorganism Type, Technology, Crop Type, Application, Region - Global Forecast to 2027 - C

  • Treasury ministers suggest no imminent new help to ease cost-of-living pressures

    Chief Secretary to the Treasury Simon Clarke said the Chancellor will bring forward measures ‘in a targeted way’.

  • Could quality and value be the key for shares in RAK Petroleum?

    Good shares at cheap prices are what the very best investors look for. At this time of economic uncertainty, could RAK Petroleum (OSL:RAKP) be one of them? Whe...

  • Reasons why the market is watching GR Engineering Services (ASX:GNG)

    The GR Engineering Services (ASX:GNG) share price is currently trading at A$1.95. But to try and predict what the price will look like in the next 12 months an...

  • Global Single Pair Ethernet Market research report

    Single Pair Ethernet Market to surpass USD 4. 6 billion by 2027 from USD 3. 1 billion in 2019 at a CAGR of 9. 1% in the coming years, i. e. , 2019-31. Product Overview Single pair Ethernet is a standard that is gaining acceptance for low data rate sensor and control situations where it uses a single pair cable to reduce cost and ease installation.New York, May 16, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Single Pair Ethernet Market research report" -

  • Rishi Sunak faces Tory clamour to act now on cost of living crisis

    Conservative MPs to urge chancellor to tackle inflation with VAT cuts, energy bill support and improved benefits

  • Agricultural Pump Market Research Report by Pump Type, Power Source, End-Use, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

    Agricultural Pump Market Research Report by Pump Type (Centrifugal Pumps, Other, and Positive Displacement Pumps), Power Source, End-Use, State (New York, Florida, and California) - United States Forecast to 2027 - Cumulative Impact of COVID-19New York, May 17, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Agricultural Pump Market Research Report by Pump Type, Power Source, End-Use, State - United States Forecast to 2027 - Cumulative Impact of COVID-19" - https:/

  • Global Disaster Restoration Services Market Intelligence Report

    Disaster Restoration Services Market to surpass USD 98,942. 3 million by 2031 from USD 61,367. 1 million in 2021 at a CAGR of 5% in the coming years, i. e. , 2021-2031. Product OverviewNew York, May 16, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Disaster Restoration Services Market Intelligence Report" - https://www.reportlinker.com/p06276446/?utm_source=GNW Disaster restoration is the process of cleaning and restoring the property to its original pre-d

  • Does Yang Ming Marine Transport (TPE:2609) have an economic moat?

    The persistent risk of economic uncertainty and market volatility mean that it can be worth seeking out high quality stocks for your portfolio. Safe, profitabl...

  • Euro zone bond yields volatile after ECB's Villeroy voices euro worry

    Euro zone government bond yields rose back towards recent multi-year highs before easing down again on Monday, after European Central Bank policymaker Francois Villeroy de Galhau said a weak euro threatened price stability in the currency bloc. The euro's weakness on currency markets could threaten the ECB's efforts to steer inflation towards its target, Villeroy said. The euro has tumbled almost 9% since February and fell to its lowest levels since 2017 last week, a move that accelerated upward pressure on inflation in the euro area, which is already running at a record high 7.5%.

  • The Reliance Worldwide share price - here is what analysts think

    Trading recommendations from company analysts can offer a glimpse of what the experts think the future holds. Their 'buy', 'hold' and 'sell' ratings reflect th...

  • Elon Musk says Twitter deal ‘cannot move forward’ until CEO proves spam claims

    Elon Musk’s deal to take over Twitter “cannot move forward” unless he receives more information about spam accounts on the platform, he has said. Mr Musk has said that the deal is “temporarily on hold” until Twitter is able to prove claims in its filings that less than 5 per cent of its active users are spam or fake accounts. On Monday, in a long thread, Twitter chief executive Parag Agarwal claimed that the company would be unable to provide such proof publicly because it relies on private and internal information.

  • Western sanctions block $16-$18 billion worth of Belarusian exports to EU, U.S. - PM

    Belarus and Russia were hit by sanctions after Moscow sent tens of thousands of troops into Ukraine on Feb. 24 from Russian and Belarusian territory in what it called a "special military operation" designed to demilitarise and "denazify" its neighbour. Ukraine and the West say the fascist allegation is baseless and that the war is an unprovoked act of aggression. "Because of the sanctions, almost all of Belarus's exports to the countries of the European Union and North America have been blocked," Golovchenko said, according to a transcript of an interview with the Dubai-based Al Arabiya television published by the Belta state news agency.

  • Keep an eye on the momentum at Beach Energy

    Anyone familiar with stock market screeners will know that shares in Beach Energy (ASX:BPT) have been in an uptrend in recent months, with strong relative pric...

  • EU will rely on Russian oil for a ‘long time’, claims Putin

    Vladimir Putin has claimed that some EU countries will be unable to wean themselves off Russian oil "for a long time".