Valartis Group AG commences an Equity Buyback Plan for 120,000 shares, under the authorization approved on May 16, 2023.
On November 27, 2023, the company initiated a Tender Offer. Under the program, the company will repurchase up to 103,000 registered shares, representing 3.29% of its issued share capital, for CHF 1.42 million. The share repurchase price is CHF 13.75 per share. The purpose of buyback is capital reduction. The offer is valid from December 4, 2023 to and including December 15, 2023. As of November 27, 2023, the company had 3,126,295 registered shares issued.