Holcim: share buyback program completed
(CercleFinance.com) - Holcim announced today that its share buyback program launched on 18 March 2024 has been successfully completed.
As part of this program, Holcim bought back 12,249,093 shares on a second trading line on the SIX Swiss Exchange. This is equivalent to 2.1% of its share capital, for a total amount of 1bn CHF at an average purchase price of 81.64 CHF per share.
Cancellation of the repurchased shares will be subject to approval at the AGM scheduled for 14 May 2025. As a result, Holcim Ltd's share capital will be reduced to 1,133,751,026 CHF and divided into 566,875,513 shares.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
As part of this program, Holcim bought back 12,249,093 shares on a second trading line on the SIX Swiss Exchange. This is equivalent to 2.1% of its share capital, for a total amount of 1bn CHF at an average purchase price of 81.64 CHF per share.
Cancellation of the repurchased shares will be subject to approval at the AGM scheduled for 14 May 2025. As a result, Holcim Ltd's share capital will be reduced to 1,133,751,026 CHF and divided into 566,875,513 shares.
Copyright (c) 2024 CercleFinance.com. All rights reserved.