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Landis+Gyr announces share buyback program of up to USD 37 million

PUBT·08/20/2026 04:51:05
語音播報
Landis+Gyr announces share buyback program of up to USD 37 million
  • Landis+Gyr launched a new share buyback of up to USD 37 million, targeting up to 2.09% of outstanding registered shares.
  • The program is intended to complete the return of net proceeds from the EMEA business disposal, previously set at up to USD 175 million.
  • Prior buybacks repurchased 7.83% of shares for CHF 112 million, including a CHF 50 million fixed-price tender in August 2026.
  • Repurchases will be executed via the SIX Swiss Exchange, starting Aug. 21, 2026, running no later than Oct. 27, 2028.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landis&Gyr Group AG published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.