Holcim launches share buyback programme of CHF 1 billion
Published by Oliver Kleinschmidt,
Deputy Editor
World Cement,
On 18 March 2024, Holcim has planned to launch its previously announced share buyback programme for a total amount of CHF 1 billion until year-end 2024, with the share cancellation to be approved at the Annual General Meeting in 2025.
The share buyback will be funded from available cash on the balance sheet. Holcim has remained committed to a strong investment grade credit rating.
The volume of monthly share buybacks will depend on market conditions. The share buyback programme will be executed on a second trading line on SIX Swiss Exchange (Valor: 133 483 246, ISIN: CH133 483 246 1).
Read the article online at: https://www.worldcement.com/europe-cis/15032024/holcim-launches-share-buyback-program-of-chf-1-billion/
You might also like
The World Cement Podcast
A podcast series for professionals in the cement industry featuring short, insightful interviews. Subscribe on your favourite podcast app to start listening today.
