Südzucker AG (XTRA:SZU) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares for a total of €0.82 million. The purchase price for the buyback of shares may not, among other things, exceed the price of the last independently concluded transaction or, if this is higher, that of the highest independent purchase bid currently being made on the stock exchange on which the respective purchase takes place. The acquisition of these shares serves the sole purpose of meeting obligations arising from an employee share program of the company. The program will expire on June 9, 2021.