HORNBACH Baumarkt AG (DB:HBM) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares for a maximum purchase price of €2 million. The purchase price per share to be paid by the company may not exceed or fall short by more than 10% of the stock market price. The shares are to be acquired in preparation for the annual issue of shares to employees scheduled to take place at the end of 2020. The plan will be valid up to February 28, 2021.