WashTec AG Initiates €5.0 Million Share Buyback Program

WashTec AG announced the approval of a share buyback program authorized by the Annual General Meeting on May 13, 2025. The initiative involves repurchasing shares amounting to a total of €5.0 million, excluding incidental acquisition costs, by May 4, 2026. Scheduled to commence on November 6, 2025, the program will be executed through the stock exchange.

The company plans to repurchase up to 100,000 shares, adding to its existing 594,646 shares, which represent approximately 4.25% of its current share capital. The buyback will adhere to EU regulations, specifically Art. 5 of Regulation (EU) No. 596/2014, and may be suspended as deemed necessary by WashTec AG.

Further information will be provided prior to the program's initiation, while the company retains the flexibility to terminate or pause the buyback in compliance with legal constraints.