CompuGroup Medical SE & Co. KGaA commences an Equity Buyback Plan, under the authorization approved on May 19, 2021.
On November 25, 2021, the company announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, for 37 million worth of its shares. The maximum price which may be paid for an ordinary share is an amount equal to 10% of the company's volume weighted average share price on the stock exchange for five trading days prior to the repurchase date and an amount equal to the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out at the relevant time. The repurchases will commence on November 26, 2021, and the program will expire on January 27, 2022.