Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (WBAG:SBO) will look for acquisitions. In execution of the resolution passed by the Annual General Meeting on April 24, 2018, the Executive Board of SCHOELLER-BLECKMANN OILFIELD with its seat in Ternitz has decided on March 17, 2020 to make use of the authorization to buy back shares. As per the authorization, up to 1,600,000 per-value bearer shares - equaling up to 10 % of the total share capital - may be bought back. The own shares will be used for possible future employee participation schemes or the possible acquisition of equity in other firms.