Share buyback program 2019 – 2022
At the Ordinary General Meeting on April 5, 2019, the Board of Directors of Forbo Holding Ltd was authorized to repurchase own shares, either through a second trading line on the SIX Swiss Exchange or by another means, up to a maximum of 10% of the share capital over a period of three years for the purpose of a capital reduction.
Forbo launches share buyback via a second trading line
Based on this authorization, the Board of Directors has decided to buy back a maximum of 165,000 registered shares of Forbo Holding Ltd (10% of the share capital) via a second trading line.
Trading on the second trading line at the SIX Swiss Exchange will be sustained from March 22, 2021 until March 31, 2022 at the very latest.
The maximum buyback volume per day is 505 shares (calculated according to Article 123 Paragraph 1 Litera c Financial Market Infrastructure Ordinance).
You will find further information on the share buyback program in the official notices (German and French), which are available as PDF downloads below as well as in the according
AD HOC MEDIA RELEASE OF MARCH 22, 2021
Official notice share buyback program 2019 – 2022
OFFICIAL NOTICE – GERMAN (PDF)
OFFICIAL NOTICE – FRENCH (PDF)
Forbo launches fixed-price buyback offer
The Board of Directors of Forbo Holding Ltd is offering to repurchase a maximum of 82,500 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 1,745 per registered share. The offer period lasts from November 29, 2021 to December 10, 2021 (5 pm CET). The settlement date of this transaction will be on December 15, 2021.
Trading on the second trading line is suspended from November 26, 2021 until and including December 13, 2021. Subsequently, the buyback via the second trading line will be continued at most to the extent of the volume remaining under the share buyback program 2019 – 2022.
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
AD HOC MEDIA RELEASE OF NOVEMBER 26, 2021
Official notice fixed-price buyback offer
OFFICIAL NOTICE – GERMAN (PDF)
OFFICIAL NOTICE – FRENCH (PDF)
Within the framework of the share buyback a total of 74,835 registered shares (4.54% of the share capital) were tendered to Forbo.
AD HOC MEDIA RELEASE OF DECEMBER 13, 2021
Transactions during the share buyback program 2019 – 2022
Completion of share buyback program 2019 – 2022
Under the share buyback program approved by the Ordinary General Meeting on April 5, 2019, Forbo successfully repurchased a total of 165,000 shares on the second trading line at the SIX Swiss Exchange (90,165 shares) as well as via a fixed-price repurchase offer (74,835 shares) between March 22, 2021 and March 16, 2022. This equals 10% of the share capital of Forbo Holding Ltd currently entered in the commercial register.
The share buyback program 2019 – 2022 is therefore completed.
Media release of March 16, 2022