Bilfinger SE: Share buyback 2022 – termination and completion notice
November 23, 2022 at 01:35 pm EST
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EQS-Ad-hoc: Bilfinger SE / Key word(s): Share Buyback
Bilfinger SE: Share buyback 2022 – termination and completion notice
23-Nov-2022 / 19:33 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Bilfinger SE has today completed the buyback of its own shares with a volume of EUR 100 million. The intention of this buyback as from July 1, 2022 was published with the ad hoc release of May 13, 2022 already. In the period from July 1, 2022 up to and including today a total of 3,509,863 of the company’s own shares (8.55 per cent of the share capital of Bilfinger SE) with a total value of EUR 99,999,977.60 (not including supplementary costs of acquisition) were acquired. This corresponds to an average price of EUR 28.49 (not including supplementary costs of acquisition) per re-acquired share.
The share buyback was announced by notice on June 27, 2022 and originally limited until March 17, 2023 at the latest. The buyback program was to end as soon as a maximum of 4,103,732 shares (10 per cent of the issued shares) at a maximum acquisition price of EUR 100 million (not including supplementary costs of acquisition) had been bought back. This limit was reached today. The acquisition of the shares was carried out by financial institution BNP Paribas Exane, commissioned by the company, over the stock exchange.
Details regarding the share buyback program are published on the Bilfinger SE website at the following link: https://www.bilfinger.com/en/investors/shares-bond-and-rating/share-buyback/
Contact:
Bilfinger SE – Investor Relations
Bettina Schneider
Head of Corporate Treasury & Investor Relations
Phone: +49 621 459-2377
Email: bettina.schneider@bilfinger.com
23-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Bilfinger SE is a Germany-based international industrial services provider. The Company provides customized engineering and services to customers in the process industry. Its Industrial business segment includes industrial maintenance; insulation, scaffolding and painting; oil and gas, and engineering solutions. The Industrial business segment includes activities, such as design, development and erection of industrial facilities; maintenance and repair of industrial plants; project management; assembly and installation of plant components; design, development and implementation of automation solutions, and insulation, surface and corrosion protection, industrial scaffolding. Its Power business segment includes activities, such as repair, maintenance, efficiency enhancements and service life extensions, as well as the demolition of existing power plants, and design, manufacture and assembly of components for power plant systems with a focus on boilers and high-pressure piping systems.
BILFINGER SE 
