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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 63,105 registered shares were tendered to Forbo.
Baar, November 30, 2017
Within the framework of the share repurchase offer made by the Board of Directors of Forbo Holding Ltd on November 15, 2017 for a maximum of 90,000 registered shares (5% of the share capital) at a fixed price of CHF 1,430 per registered share, a total of 63,105 registered shares (3.5% of the share capital) were tendered to Forbo by the end of the tender period on November 29, 2017 (5 pm CET).
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 5,500 people and has an international network of 24 production facilities and distribution companies, 6 assembly centers as well as 45 pure sales organizations in a total of 36 countries across the globe. The company generated net sales of CHF 1,185.5 million in the 2016 business year. Forbo 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
www.forbo.com
