LANXESS Aktiengesellschaft: Release of a capital market information
LANXESS Aktiengesellschaft Cologne
- ISIN DE0005470405 - - German Securities Identification Number (WKN) 547040 -
Publication pursuant to Article 5(3) of Regulation (EU) No 596/2014 and Article 2(2) and (3) of the Commission Delegated Regulation (EU) No 2016/1052
LANXESS AG completes share buyback
On 22 June 2017 LANXESS AG completed its share buyback which started on 19 June 2017 and had been announced on 16 June 2017 pursuant to Article 5(1) (a) of Regulation (EU) No 596/2014 and Article 2(1) of the Commission Delegated Regulation (EU) No 2016/1052. The total number of shares which have been bought back in the course of the share buyback amounts to 82,477 shares. This corresponds to 0.09% of the share capital. The purchase price paid at the stock exchange was in average EUR 67.17. The total consideration that was paid for the shares amounts to EUR 5,539,937.41 (excluding incidental acquisition costs). The share buy-back serves the sole purpose of meeting obligations arising from an employee share program.
The purchase of the shares was conducted by a credit institution, that was instructed by LANXESS AG, solely through the XETRA trading system on the Frankfurt Stock Exchange.
From 19 to 22 June 2017 the total number of repurchased shares, the weighted average price and the aggregated volume, each set out on a daily basis, amounted to:Date Total number of Weighted average Aggregated volume repurchased shares price (EUR) (EUR) (number) 19 June 2017 20,000 67.6177 1,352,354.00 20 June 2017 20,000 67.9495 1,358,990.00 21 June 2017 22,500 66.7072 1,500,912.00 22 June 2017 19,977 66.4605 1,327,681.409 Total 82,477 67.1695 5,539,937.41
An overview of the underlying individual trades is published on the website of LANXESS AG at www.lanxess.com under 'Investor Relations'.
Cologne, 23 June 2017
The Board of Management
23.06.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English
Company: LANXESS Aktiengesellschaft Kennedyplatz 1 50569 Köln
Germany Internet: www.lanxess.com End of News DGAP News Service