The repurchase of UCB shares under this program intends to cover current and future obligations under UCB's Long Term Incentive Plans for its employees. UCB will continuously monitor both its current and future obligations under such plans in view of keeping an adequate level of treasury shares.
Under this program, UCB may acquire from time to time its common stock, for a maximum of 1.2 million shares. The share repurchases will be conducted under the terms and conditions approved by the extraordinary general shareholders' meeting of the Company held on
UCB has requested a financial intermediary to repurchase UCB shares on its behalf under the terms of an initial discretionary mandate agreement with validity until
During the Share Repurchase Program 2020, regular updates will be published in accordance with applicable legislation.
Contact:
Tel: +32.2.559.94.14
Email: antje.witte@ucb.com
About UCB
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