Holcim completes share buyback programme
Published by David Bizley,
Editor
World Cement,
Holcim has announced the successful completion of its share buyback programme initiated on 14 November 2022. Through this program, Holcim repurchased 36 804 453 shares on a second trading line on SIX Swiss Exchange.
This is equivalent to 6.0% of its share capital, for a total amount of CHF 2 billion at an average purchase price of CHF 54.3 per share.
Cancellation of the repurchased shares was approved by the Annual General Meeting held on 4 May 2023. As a result, the share capital of Holcim Ltd will be reduced to CHF 1 158 249 212 and divided into 579 124 606 shares on 1 June 2023.
Read the article online at: https://www.worldcement.com/europe-cis/26052023/holcim-completes-share-buyback-programme/
You might also like
Cemex to divest its operations in the Philippines
Cemex has announced that its subsidiary, Cemex Asia B.V., has signed an agreement with DACON Corporation, DMCI Holdings, Inc. and Semirara Mining & Power Corporation for the sale of its operations and assets in the Philippines.