CEWE Stiftung & Co. KGaA: Release of a capital market information
January 17, 2022 at 06:35 am EST
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DGAP Post-admission Duties announcement: CEWE Stiftung & Co. KGaA
/ Share buy-back - 20th Interim Report
CEWE Stiftung & Co. KGaA: Release of a capital market information
17.01.2022 / 12:33
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.
Announcement according to Art. 5 Section 1 b, Section 3 of regulation (EU) No. 596/2014 and Art. 2 para. 3 of Delegated Regulation (EU) 2016/1052
Oldenburg, 17 January 2022. CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) has bought back own company shares on the stock exchange since 1 September 2021. The repurchase is based on authorisation granted at the Annual General Meeting of 31 May 2017 to acquire up to 10 % of the company's own shares. The repurchase of shares will be exercised independently and without the influence of the company by Baader Bank AG, Munich, upon application of the safe harbour regulations.
In the period from 10 January 2022 up to and including 14 January 2022 a total of 6,075 shares were acquired as part of a share buy-back:
Date
Shares bought back [units]
Average price
[euros]
Volume
[euros]
10.01.2022
925
118.74054
109,835.00
11.01.2022
1,200
114.95833
137,950.00
12.01.2022
1,300
114.53262
148,892.40
13.01.2022
1,300
113.81538
147,960.00
14.01.2022
1,350
111.25926
150,200.00
The total number of shares purchased so far as part of this share buy-back from 1 September 2021 up to and including 14 January 2022 therefore amounts to 60,150 shares.
Detailed information on the transactions pursuant to Art. 2 para. 3 of Delegated Regulation (EU) 2016/1052 is available on the website of CEWE Stiftung & Co. KGaA at company.cewe.de under section Investor Relations / Corporate Governance / Share buy-back.
Should you have any queries, please contact:
CEWE Stiftung & Co. KGaA
Axel Weber (Head of Investor Relations)
email: IR@cewe.de
17.01.2022 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Cewe Stiftung & Co KGaA is a Germany-based company engaged in the photo processing services. The Company provides photofinishing and online print services. Cewe Stiftung & Co KGaA supplies both the over-the-counter trade and the Internet trade with photos and digital products. The Companyâs activities are divided into three segments. The Photofinishing unit produces and sells photo products. The Proprietary Retail unit trades photo hardware and photo products to end consumers through various brands, such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates though online printing portals, such as www.cewe-print.de and others. In addition, the Company sells its own products and photographic hardware, such as cameras. It owns production plants in Poland, Germany and France, among others, as well as distribution branches in Norway, Sweden and Belgium, among others.