Share buyback: Announcement pursuant to Article 5 para. 1 b) and para. 3 of Regulation (EU) No. 596/2014 and Article 2 para. 2 and 3 of the Delegate Regulation (EU) 2016/1052Acquisition of own shares - Final reportGarbsen, 16 November 2020
- In the period from 10 November 2020 up to and including 13 November 2020 LPKF Laser & Electronics AG (LPKF) acquired a total of 12,775 shares as part of the share buyback program. The start of this program was announced on 9 November 2020 in accordance with Article 5 of Regulation (EU) No. 596/2014 and Art. 2 para. 1 of the delegated Regulation (EU) 2016/1052.
The total number of shares repurchased in the period from 10 November 2020 up to and including 13 November 2020, the volume-weighted average price and the volume in EUR per day are as follows:
||Total number of shares repurchased (units)
||Volume-weighted average price (Euro)*
excluding incidental acquisition costs, commercially rounded to 4 decimal places
The share buyback was carried out by a bank commissioned by LPKF exclusively via electronic trading on the Frankfurt Stock Exchange (XETRA). The share buyback program of LPKF has thus come to an end.
LPKF holds the 12,775 acquired shares as treasury shares. The treasury shares are now transferred to the employees who participated in the first tranche of the employee participation program in accordance with the conditions of the plan.
Information on the individual transactions and on the daily trading volume in accordance with Article 5 of Regulation (EU) No. 596/2014 and the delegated Regulation (EU) 2016/1052 is also published on the Internet at the following link: https://www.lpkf.com/en/investor-relations/share
LPKF Laser & Electronics AG is a leading supplier of laser-based solutions for the technology industry. LPKF's laser systems are vital in the manufacture of printed circuit boards, microchips, automotive parts, solar modules and many other components. Founded in 1976, the company is headquartered in Garbsen near Hanover and operates worldwide through subsidiaries and agencies. LPKF Laser & Electronics AG shares are traded in the SDAX and TecDAX of the German Stock Exchange (ISIN 0006450000).
This release contains forward-looking statements. These statements are based on management's current estimates and forecasts and currently available information. These forward-looking statements are no guarantees of future performance or results. Rather, they depend on a variety of factors; they involve various risks and uncertainties and are based on assumptions that may prove to be incorrect. LPKF assumes no obligation to update the forward-looking statements contained in this press release that goes beyond the legal requirements.