on AlzChem Group AG (isin : DE000A0AHT46)
Alzchem Group AG Announces Temporary Pause in Share Repurchase Program
Alzchem Group AG has announced a temporary interruption in its share repurchase program. The pause, effective December 19, 2024, comes as the company prepares its Annual Accounts for the year 2024. The goal is to ensure the financial statements are based on stable figures.
The share repurchase program is scheduled to resume on January 2, 2025. This decision aligns with regulatory guidelines, specifically Article 5 of the EU Regulation 596/2014 and Article 2 Section (1) of Delegated EU Regulation 2016/1052.
Located in Trostberg, Germany, Alzchem Group AG operates primarily within the SDAX index and its shares are listed on the regulated markets in Frankfurt (Prime Standard) and Stuttgart. The announcement reflects the company's commitment to transparency and compliance with EU regulations.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all AlzChem Group AG news