Wienerberger plans to cancel recently purchased sales
Vienna, January 20, 2020 – As reported, Wienerberger AG has successfully concluded a share buyback program with a total value of € 26.2 million. During this program, approx. 1% of share capital (1,163,514 shares) was bought back at an average share price of € 22.54 between September 10, 2019 and November 29, 2019. Wienerberger now intends to cancel these shares as announced.
"In 2019, we continued to successfully implement our value accretive growth strategy. The cancellation of the shares will again increase the value of the company for our shareholders", commented Heimo Scheuch, Chairman of the Managing Board of Wienerberger AG.