GEA Group Completes Share Buyback Program

GEA Group Aktiengesellschaft has concluded its recent share buyback program, purchasing 9,529,412 shares for approximately 400 million EUR. This represents 5.53% of the total registered share capital. The shares, acquired at an average price of 41.98 EUR, are now set for cancellation and will not yield dividends or voting rights.

Initiated on November 7, 2023, GEA's program demonstrated confidence in its growth prospects and financial stability. For the second time, GEA incorporated a sustainability component, allocating 400,000 EUR to Viva con Agua and UNICEF Germany. The initiative builds upon GEA's commitment to integrating sustainable practices in financial operations.

GEA's approach underscores its strategy for long-term value creation and sustainable development, aligning financial actions with broader environmental goals.