Wienerberger AG Initiates Share Buyback Program

Wienerberger AG has announced its decision to implement a share buyback program, planning to repurchase up to 1,125,000 shares. This total represents approximately 1.0% of the company’s share capital. The initiative was authorized by the 155th Annual General Meeting held on May 7, 2024, aligning with section 65 of the Stock Corporation Act.

The repurchase will occur on the Vienna Stock Exchange, with a minimum price set at EUR 1.00 per share and a maximum of 20% above the average unweighted stock exchange closing price over the preceding ten trading days. The maximum outlay for this program is capped at EUR 35 million, running from December 30, 2024, to February 7, 2025.

This buyback is to be executed by a credit institution, which will operate independently. The shares acquired will be utilized as per the guidelines established in the authorization resolution, with no influence on the shares’ stock exchange trading admission.