The Executive Board of Bilfinger SE today decided, with the consent of the Supervisory Board, on a share buyback programme. The buyback is to begin latest on January 31, 2025 and be completed by December 31, 2025. Under the programme, a maximum of up to 1,100,110 treasury shares of Bilfinger SE may be purchased on the stock exchange at a maximum purchase price (excluding transaction costs) of 50 million euros. Based on the current share price (Xetra closing price on December 10, 2024), this corresponds to approximately 2.93% of the company's share capital.
Bilfinger is making use of the authorisation granted by the Annual General Meeting on April 20, 2023. The repurchased shares may be used for all permissible purposes in accordance with this authorization. The shares may also be cancelled.
The company will provide regular updates on the progress of the share buyback programme on its website in accordance with the relevant requirements.
(Update of the release on December 20, 2024. Correction of the date of the Annual General Meeting.)
