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: Ilia Kürten Phone: +49 214 6009 7429 E-mail: Cedric Schupp Phone: +49 214 6009 2336 E-mail:

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

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

Germany Phone: +49 (0) 214 60095098 Fax: +49 (0) 214 60097002 E-mail: Internet: 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


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