Home Electronics Infineon to finish a restricted Share Buyback Program serving the fulfilment of obligations beneath present worker participation applications

Infineon to finish a restricted Share Buyback Program serving the fulfilment of obligations beneath present worker participation applications

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Infineon to finish a restricted Share Buyback Program serving the fulfilment of obligations beneath present worker participation applications

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Infineon Applied sciences AG has efficiently accomplished its Share Buyback Program 2024, introduced on 26 February 2024 in accordance with Article 5(1)(a) of Regulation (EU) No 596/2014 and Article 2(1) of Delegated Regulation (EU) No 2016/1052. As a part of the Share Buyback Program 2024, a complete of seven,000,000 shares (ISIN DE0006231004) have been acquired. The full buy worth of the repurchased shares was € 232,872,668. The common buy worth paid per share was € 33.27.

Alexander Foltin, Head of Finance, Treasury and Investor Relations of Infineon

The buyback was carried out on behalf of Infineon by an impartial credit score establishment through Xetra buying and selling on the Frankfurt Inventory Change, serving the only objective of allocating shares to staff of the corporate or affiliated firms, members of the Administration Board of the corporate in addition to members of the administration board and the board of administrators of affiliated firms as a part of the prevailing worker participation applications.

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