Holcim completes its share buyback programme
Published by Alfie Lloyd-Perks,
Editorial Assistant
World Cement,
Holcim announces the successful completion of its share buyback programme initiated on 18 March 2024.
Through this programme, Holcim repurchased 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 CHF 1 billion at an average purchase price of CHF 81.64 per share.
Cancellation of the repurchased shares will be subject to approval at the Annual General Meeting to be held on 14 May 2025. As a result, the share capital of Holcim Ltd will be reduced to CHF 1 133 751 026 and divided into 566 875 513 shares.
Click here for free registration to World Cement
Read the article online at: https://www.worldcement.com/product-news/16122024/holcim-completes-its-share-buyback-programme/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, Senior Editor David Bizley is joined by Dr Andrew Minson of the GCCA to discuss the ins and outs of the recently launched Low Carbon Ratings (LCR) system.
Molins announce first quarter results
Net profit reached €48 million, equivalent to earnings per share of 0.73 euros, 6% lower than the same period of the previous year.
