on Fabasoft AG (ETR:FAA)
Fabasoft AG Announces Share Buyback Program
Fabasoft AG, a market leader in electronic records management, has resolved to initiate a share buyback program. Announced on April 20, 2026, the decision was made by the company's Managing Board with Supervisory Board approval. The authorization was initially granted during the Annual General Meeting on July 9, 2025.
The buyback will involve acquiring up to EUR 2 million worth of shares, corresponding to roughly 1.5% of Fabasoft AG's share capital based on current valuations. The acquisition will be executed via the stock exchange, under the guidance of an independent bank, adhering to the safe harbor provision of EU Regulation 596/2014.
The buyback is set to commence on April 22, 2026, and is expected to continue until January 31, 2027. Further specifics will be disclosed by Fabasoft AG prior to the program's commencement.
R. P.
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