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QIAGEN N.V.: QIAGEN to conduct an additional up to USD 100 million share repurchase program

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QIAGEN N.V. / Key word(s): Share Buyback
QIAGEN N.V.: QIAGEN to conduct an additional up to USD 100 million share repurchase program

12-Jul-2021 / 17:12 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.

Ad hoc Announcement according to Art. 17 Market Abuse Regulation

QIAGEN to conduct an additional up to USD 100 million share repurchase program

Venlo, The Netherlands, July 12, 2021 - QIAGEN N.V. announces that its Managing Board, upon authorization of the Supervisory Board, has today passed a resolution to exercise the authorization granted by the General Meeting of Shareholders on June 29, 2021, and to purchase shares in the Company up to a total of $100 million (or the equivalent Euro amount thereof, in each case excluding transaction costs).

Based on the closing price on July 9, 2021, this represents a repurchase volume of approximately two million shares. The repurchase program is scheduled to be completed on December 29, 2022, at the latest. Details of the repurchase program will be announced before its actual commencement in line with Article 5 Section (1) and (6) of the EU regulation 596/2014 in conjunction with the regulatory technical standards adopted by the European Commission (so called Safe Harbor Regulation). Repurchased shares will be held in treasury in order to satisfy obligations from employee share-based remuneration plans.

QIAGEN N.V.

Hulsterweg 82

5912 PL Venlo

The Netherlands

ISIN: NL0012169213

Frankfurt Stock Exchange, Regulated Market (Prime Standard)

Contact QIAGEN N.V.:

Corporate Communications

John Gilardi, Tel: +49 2103 29 11711; ir@qiagen.com

 

12-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

QIAGEN N.V.

Hulsterweg 82

5912 PL Venlo

Netherlands

Phone:

+31 7735566 - 00

Fax:

+31 77 35566-58

E-mail:

qiagen@qiagen.com

Internet:

www.qiagen.com

ISIN:

NL0012169213

WKN:

A2DKCH

Indices:

MDAX, TecDAX

Listed:

Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Chicago, NYSE, SIX

EQS News ID:

1217888


 

End of Announcement

DGAP News Service

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