Share buyback program 2015 – 2018
The Board of Directors of Forbo has at the Ordinary General Meeting of April 24, 2015 been authorized to buy back own shares up to a maximum of 10% of the share capital registered in the Commercial Register for the purpose of reducing the share capital.
Forbo has therefore opened a second trading line at the SIX Swiss Exchange and trading will be sustained from September 10, 2015 until March 31, 2018 at the very latest. The maximum buyback volume per day is 2,011 shares (calculated according to Article 55b Paragraph 1 Litera c Stock Exchange Ordinance).
All information regarding the share buyback program can be found in the official share buyback notices (in German and French) as PDF-downloads below.
Forbo augments current share buyback program with fixed-price repurchase offer
The Board of Directors of Forbo Holding Ltd is offering to repurchase maximum 99,500 of its registered shares (5% of the share capital) at a fixed price as part of the current share buyback program. The fixed price is CHF 1,100 per registered share. Trading on the second trading line has been suspended for the duration of the offer, i.e. from October 6, 2015 to October 19, 2015.
You will find further information on the official notices regarding the fixed-price offer (German and French), which are available as PDF-downloads below as well as in the according
Media Release of October 6, 2015
Within the framework of the fixed-price share buyback a total of 81,317 registered shares (4.09% of the share capital) were tendered to Forbo.
Rectification: Media release of October 20, 2015 Media Release of October 20, 2015
Transactions during the share buyback program 2015 – 2018
Completion of share buyback program 2015 – 2018
Under the share buyback program approved by the Ordinary General Meeting on April 24, 2015, Forbo successfully repurchased a total of 190,000 shares on the second trading line at the SIX Swiss Exchange (108,683 shares) as well as via a fixed-price repurchase offer (81,317 shares) between September 10, 2015 and December 23, 2015. This equals 9.55% of the share capital of Forbo Holding Ltd currently registered in the Commercial Register.
The share buyback program 2015 – 2018 is therefore completed ahead of schedule.
Official notice share buyback program 2015 - 2018
OFFICIAL NOTICE GERMAN (PDF)
OFFICIAL NOTICE FRENCH (PDF)
Official notice fixed-price repurchase offer, October 6, 2015
Official notice – German (PDF)
Official notice – French (PDF)