AURELIUS Equity Opportunities decides to withdraw 1,000,000 shares, following successful completion of a share buyback program
Munich, June 15, 2022 – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) has decided to withdraw 1,000,000 own shares, that were acquired in the share buyback programme 2020. This represents to approximately 3.36 percent of the company´s share capital. The step follows the successful completion of a recent share buyback programme, including 1,000,000 shares, that was carried out between November 2021 and May 2022.
“We strive to continue delivering value for our shareholders at the highest possible level. The share withdrawal announced today forms another pillar of our compelling investment proposition. The implemented resolution results in an increase in the percentage participation of the shareholders in the company - and thus for us, a significant contribution to shareholder value.”, comments Matthias Täubl, CEO of AURELIUS Equity Opportunities.
The retirement of the shares will not entail a capital reduction and therefore the imputed nominal value of the shares will increase accordingly. After the shares are retired, the share capital of AURELIUS Equity Opportunities SE & Co. KGaA will still be EUR 31,680,000.00, divided into 28.769.944 bearer shares in the form of no-par-value shares. The retirement will be conducted in the coming weeks. After the retirement, the company will still hold a total of 1,087,391 treasury shares.
“We launched our now completed share buyback programme in November 2021 – with a total volume of 1,000,000 shares. The share withdrawal continues this measure, benefitting our shareholders as we make room for other possible buyback programmes in future. Our Q1 figures have shown we have a robust and evolving portfolio and have demonstrated great resilience through a crisis-ridden period. The share buyback and subsequent withdrawal is evidence of our ability to navigate instability so far in the 2022 financial year”, added Täubl.