Please find below all Forbo media releases listed by year.
In connection with the current share buyback program, Forbo Holding Ltd successfully repurchased 190,000 shares as per December 23, 2015.
Baar, December 23, 2015
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.
Forbo is a leading manufacturer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions. The company employs more than 5,200 employees and has an international network of 24 production facilities and distribution companies as well as 42 pure sales organizations in 36 countries across the globe. The company generated net sales of CHF 1,226.8 million in the 2014 business year and is headquartered in Baar in the canton of Zug, Switzerland.
The Group company Forbo Holding Ltd is listed on the SIX Swiss Exchange (securities number 354151, ISIN CH0003541510, Bloomberg FORN SW, Reuters FORN.S).
This E. Schneider
Phone +41 58 787 25 49
Fax +41 58 787 20 49