Financial and press releases
INDUS successfully completes share buyback program
SDAX-listed INDUS Holding AG has successfully completed the share buyback program announced on 21 February 2024. INDUS now holds 4.09% of its share capital as treasury shares. These shares are non-voting and non-dividend bearing.
“With our buyback offer we are demonstrating that we consider the purchase of our shares to be a good investment,” says Dr. Johannes Schmidt, Chairman of the Board of Management of INDUS Holding AG. “Thanks to our high cash position, we are able to carry out the buyback and at the same time continue to drive forward the development of the INDUS Group without any restrictions.”
Dr. Johannes Schmidt: “We are continuing to develop our portfolio by investing in our existing portfolio companies and by acquiring new promising companies. We now have the additional flexibility to use our own shares as an acquisition currency when purchasing new companies.”
Additional information on the share buyback program can be found on the company’s website (www.indus.de) under “Investor Relations – Share buyback”.
The share buyback program was accompanied by Commerzbank AG, Frankfurt, and McDermott Will & Emery Rechtsanwälte Steuerberater LLP.