Holcim launches share buyback program of up to CHF 2 billion
Published by Sol Klappholz,
Assistant Editor
World Cement,
On 14 November 2022, Holcim will launch its previously announced share buyback program of up to CHF 2 billion.
Under this program, Holcim plans to repurchase up to 40 million shares until May 2023, to be approved for cancellation at the Annual General Meeting on 4 May 2023.
The volume of monthly share buybacks will depend on market conditions. The share buyback program will be executed on a second trading line on SIX Swiss Exchange (Valor: 122 889 615, ISIN: CH122 889 615 0).
Concurrently, Holcim has published the details of the program in a buyback notice. All documentation and weekly updates on the program will be published on Holcim’s website which can be found here here.
Read the article online at: https://www.worldcement.com/europe-cis/14112022/holcim-launches-share-buyback-program-of-up-to-chf-2-billion/
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