LANXESS Aktiengesellschaft: Release of a capital market information
March 23, 2020 at 10:10 am EDT
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DGAP Post-admission Duties announcement: LANXESS Aktiengesellschaft
/ Publication pursuant to Article 5(1)(b) and (3) of Regulation (EU) No 596/2014 and Article 2(2) and (3) of the Commission Delegated Regulation (EU) No 2016/1052 Information regarding a share buyback / 2. Interim announcement
LANXESS Aktiengesellschaft: Release of a capital market information
23.03.2020 / 15:08
Dissemination of a Post-admission Duties announcement transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
LANXESS Aktiengesellschaft
Cologne
- ISIN DE0005470405 -
- German Securities Identification Number (WKN) 547040 -
Publication pursuant to Article 5(1)(b) and (3) of Regulation (EU) No 596/2014 and Article 2(2) and (3) of the Commission Delegated Regulation (EU) No 2016/1052
Information regarding a share buyback / 2. Interim announcement
In the period from 16 March 2020 to 20 March 2020, LANXESS AG acquired a total of 526,867 shares under the share buyback announced on 11 March 2020 in accordance with Art. 2 Para. 2 of the Commission Delegated Regulation (EU) 2016/1052 ('Buyback Regulation').
The total number of shares repurchased, the weighted average price and the aggregated volume for the period per day amounted to:
Date
Total number of repurchased shares (number)
Weighted average price (EUR)
Aggregated volume
(EUR)
16 March 2020
95,878
33.3410
3,196,668.40
17 March 2020
100,353
33.9538
3,407,365.69
17 March 2020
103,599
30.7777
3,188,538.94
19 March 2020
108,882
27.6046
3,005,644.06
20 March 2020
118,155
31.5895
3,732,457.37
Total
526,867
31.3754
16,530,674.46
The total number of shares repurchased since 12 March 2020 amounts to 643,660 shares.
The shares were repurchased by a bank commissioned by LANXESS AG exclusively via Xetra trading on the Frankfurt Stock Exchange.
Information on the individual share buyback transactions is also published on the LANXESS AG website at www.lanxess.com under section 'Investor Relations' in accordance with Art. 2 Para. 3 of the Buyback Regulation.
Cologne, 23 March 2020
The Board of Management
23.03.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
LANXESS AG is a Germany-based company engaged in the chemicals sector. It specializes in the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Its business activities are divided into four segments: Specialty Additives, responsible for manufacture of additives for the rubber and paint industries, among others; Advanced Intermediates, focused on the development of intermediates for the agricultural, plastics, chemicals, consumer goods, construction, tire and automotive industries, among others; Performance Chemicals, which offers material protection products, inorganic pigments, finishing agents for the leather industry and resins for water treatment, among others, and Engineering Materials, which produces technical plastics, glass fibers, fiber composites and elastomers on a urethane basis for application in the automotive, electronics and electrical engineering industries. It operates around 60 production sites worldwide.