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    LAND   CH0371153492

LANDIS+GYR GROUP AG

(LAND)
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Delayed Swiss Exchange  -  05/25 11:30:04 am EDT
54.65 CHF   +0.74%
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Landis+Gyr : announces completion of its 2019–2022 share buyback programme

01/28/2022 | 11:58am EDT

Cham, Switzerland - January 28th, 2022 - On January 28th, 2022, Landis+Gyr Group AG (SIX: LAND) completed its 2019-2022 share buyback programme which commenced on January 30th, 2019 and was suspended effective March 30th, 2020.

Under the share buyback programme, Landis+Gyr has repurchased 601,056 of its shares on the first trading line on the SIX Swiss Exchange for a total of CHF 43,209,011 at an average purchase price per share of CHF 71.89.

All the repurchased shares have already been cancelled by the Annual General Meetings in 2019 and 2020.

Detailed information on the completed share buyback programme can be found on the Landis+Gyr investor website: www.landisgyr.com/investors/share-buyback-program

Contact Media

Melissa van Anraad
Head of PR
Phone +41 41 935 63 98
Melissa.vanAnraad@landisgyr.com

Eva Borowski
SVP Investor Relations & Corporate Communications
Phone +41 41 935 6396
Eva.Borowski@landisgyr.com

Contact Investors

Christian Waelti
Head of Investor Relations
Phone +41 41 935 6331
Christian.Waelti@landisgyr.com

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions for the utility sector. Offering one of the broadest portfolios, we deliver innovative and flexible solutions to help utilities solve their complex challenges in Smart Metering, Grid Edge Intelligence and Smart Infrastructure. With sales of USD 1.4 billion in FY 2020, Landis+Gyr employs around 5,000 people in over 30 countries across five continents, with the sole mission of helping the world manage energy better.

Disclaimer

Landis&Gyr Group AG published this content on 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 16:52:07 UTC.


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Financials (USD)
Sales 2022 1 482 M - -
Net income 2022 87,1 M - -
Net Debt 2022 86,0 M - -
P/E ratio 2022 21,4x
Yield 2022 3,93%
Capitalization 1 642 M 1 637 M -
EV / Sales 2022 1,17x
EV / Sales 2023 1,09x
Nbr of Employees 6 500
Free-Float 88,9%
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Mean consensus HOLD
Number of Analysts 6
Last Close Price 56,52 $
Average target price 66,48 $
Spread / Average Target 17,6%
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Managers and Directors
Werner Lieberherr Chief Executive Officer
Elodie Cingari Chief Financial Officer & Executive Vice President
Andreas Vicente Umbach Executive Chairman
Eric A. Elzvik Lead Independent Director
Andreas Stanley Spreiter Independent Director
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