Covestro AG, DE0006062144

Covestro AG, DE0006062144

24.10.2017 - 07:02:14

Covestro AG: Covestro decides on EUR 1.5 billion share buy-back program

The Covestro Board of Management has decided to buy back own shares worth a maximum notional amount of EUR 1.5 billion (or up to 10% of the outstanding capital stock, depending on which value is reached first. This decision is based on the authorization of the Annual General Meeting of September 1, 2015. The share buy-back will be executed through XETRA trading (FSE) in line with the requirements for share buy-back programs set forth by the Market Abuse Regulation and the associated EU Commission Implementing Regulation. The buy-back program is planned to commence during the fourth quarter 2017 and has an initial duration until mid of 2019. Contacts: Ronald Köhler Head of Investor Relations Phone: +49 214 6009 5098 E-mail: ronald.koehler@covestro.com Ilia Kürten Phone: +49 214 6009 7429 E-mail: ilia.kuerten@covestro.com Cedric Schupp Phone: +49 214 6009 2336 E-mail: cedric.schupp@covestro.com

24-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Covestro AG Kaiser-Wilhelm-Allee 60 51373 Leverkusen

Germany Phone: +49 (0) 214 60095098 Fax: +49 (0) 214 60097002 E-mail: ronald.koehler@covestro.com Internet: www.covestro.com ISIN: DE0006062144 WKN: 606214 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange   End of Announcement DGAP News Service

621807  24-Oct-2017 CET/CEST

@ dgap.de

Amazon wird sich schwarzärgern, aber …

… wir schenken Ihnen den Report „Börsenpsychologie - Markttechnik für Trader“ heute trotzdem kostenfrei. Normalerweise kostet der Report im Onlinehandel 39,99 Euro.

Sie können sich den genialen Report heute jedoch absolut kostenfrei sichern. Wir senden Ihnen den Report vollkommen KOSTENFREI zu.

Jetzt HIER klicken und dank richtigen Timing reich an der Börse werden!