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Please find below all Forbo media releases listed by year.
Forbo share buyback program: Fixed-price buyback offer completed
Within the framework of the fixed-price share buyback offer a total of 88,882 registered shares were tendered to Forbo. With the conclusion of the fixed-price buyback offer on October 19, 2015, suspension of trading on the second trading line is canceled.
Baar, October 20, 2015
Within the framework of the share repurchase offer made by the Board of Directors of Forbo Holding Ltd on October 6, 2015, for a maximum of 99,500 registered shares (5% of the share capital) at a fixed price of CHF 1,100 per registered share, a total of 88,882 registered shares (4.47% of the share capital) were tendered to Forbo by the end of the tender period on October 19, 2015 (5 pm CET).
With the conclusion of the fixed-price buyback offer, suspension of trading on the second trading line is canceled.
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).
Contact person:
This E. Schneider
Executive Chairman
Phone +41 58 787 25 49
Fax +41 58 787 20 49
