Repurchase of shares
LLB AG is launching a public share repurchase programme. It intends to repurchase up to 400'000 own registered shares via the ordinary trading line of the SIX Swiss Exchange. This corresponds to 1.3 per cent of the share capital.
The buyback of shares will be made in accordance with the authorisation granted by the General Meeting of Shareholders on 6 May 2022 to acquire shares totalling a maximum of 10 per cent of the share capital. The repurchased shares will be used for treasury management purposes. The repurchase programme commences on 28 August 2023 and will last until 27 August 2026 at the latest. No cancellation of shares will occur.
LLB has mandated Zürcher Kantonalbank for the execution of the buyback of registered shares. The maximum daily buyback amount is 860 shares.