EQS-Adhoc: init innovation in traffic systems SE decides share buyback
The managing board of init innovation in traffic systems SE has decided in accordance with the resolution of the general meeting of 26 May 2020, topic 7 of the agenda to repurchase up to 35,000 own shares (pursuant to ??71 (1.8) AktG) for a maximum total purchase price of EUR?950,000 (without additional charges) via the stock exchange.
The repurchased shares are to be used for existing and future employee share program, incentive program for members of the managing board and managing directors, as acquisition currency and/or for cash to third party.
It is planned to transact the share buyback during the period from 17 January 2023 to 24?February 2023 on the stock exchange.
?Contact: Person making the notification: Simone Fritz Investor Relations email@example.com
16-Jan-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.comLanguage: English Company: init innovation in traffic systems SE K?ppelestra?e 4-10 76131 Karlsruhe
Germany Phone: +49 (0)721 6100 0 Fax: +49 (0)721 6100 399 E-mail: firstname.lastname@example.org Internet: www.initse.com ISIN: DE0005759807 WKN: 575980 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1536061 ? End of Announcement EQS News Service