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Palfinger AG Considers Selling Treasury Shares

Palfinger AG has begun evaluating the sale of its treasury shares through an accelerated private placement process. The company announced this decision on April 1, 2025, in light of a valid sale and authorization for treasury shares that dates back to April 2021. The Executive Board and Supervisory Board will potentially renew this authorization at their upcoming Annual General Meeting.

The sale process would exclude existing shareholders' rights to purchase, known as subscription rights. The exact timing, volume of shares, and conditions for a potential sale will depend on market conditions and investor interest. Palfinger holds 2,826,516 treasury shares, and proceeds could be used to expand services and tap into growth opportunities, particularly in North America.

R. H.

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