Agfa-Gevaert: Share buyback program – regulated information

Mortsel, Belgium – February 28, 2022 – 5:40 p.m. CET

Within the framework of the share buyback program which was announced in the press release of March 10, 2021, Agfa-Gevaert NV proceeded with the purchase of own shares on the market of Euronext Brussels.

The authorization to acquire own shares was granted to the Board of Directors by the Extraordinary General Meeting of Shareholders of May 12, 2020.

Agfa-Gevaert NV has requested a financial intermediary to repurchase Agfa-Gevaert shares for a maximum amount of 50,000,000 Euro on its behalf under the terms of an initial discretionary mandate agreement with validity until March 31, 2022, effective as from April 1, 2021.

As a result of a decision of the Board of Directors, the company, by notarial deed dated December 28, 2021, cancelled a total of 2,288,302 treasury shares. This decision was taken in accordance with the authorization granted to the Board of Directors by the Extraordinary General Meeting of Shareholders on May 12, 2020. As a consequence, the new number of outstanding shares (denominator) is 160,506,706.

On February 25, 2022, the Agfa-Gevaert Group held 1,397,508 own shares, which represents 0.87% of the total number of shares of the Group.

Detailed operations per day:

Date Number of shares Average price (€) Minimum price (€) Maximum price (€) Total price (€)
           
February 21, 2022 29,295 3.5074 3.4650 3.5950 102,749.28
February 22, 2022 28,410 3.4596 3.3950 3.5100 98,287.24
February 23, 2022 30,600 3.4847 3.4450 3.5200 106,631.82
February 24, 2022 29,752 3.3306 3.2650 3.3900 99,092.01
February 25, 2022 31,200 3.5112 3.4000 3.6350 109,549.44
           
Total 149,257 3.4592     516,309.79

Since the beginning of the share buyback program until February 25th, 2022; the Agfa-Gevaert Group bought 8,641,992 own shares, representing 5.15% of the total outstanding shares on April 1, 2021.

About Agfa

The Agfa-Gevaert Group is a leading company in imaging technology and IT solutions with over 150 years of experience. The Group holds four divisions: Radiology Solutions, HealthCare IT, Digital Print & Chemicals and Offset Solutions. They develop, manufacture and market analogue and digital systems for the healthcare sector, for specific industrial applications and for the printing industry. In 2020, the Group realized a turnover of 1,709 million Euro.

Contact:

Viviane Dictus

Director Corporate Communication

T +32 (0) 3 444 71 24

E viviane.dictus@agfa.com

Johan Jacobs

Corporate Press Relations Manager

T +32 (0)3/444 80 15

E johan.jacobs@agfa.com

Attachment

  • 20220228_SBB_47_EN
AGFA Gevaert NV (EU:AGFB)
Historical Stock Chart
Von Feb 2024 bis Mär 2024 Click Here for more AGFA Gevaert NV Charts.
AGFA Gevaert NV (EU:AGFB)
Historical Stock Chart
Von Mär 2023 bis Mär 2024 Click Here for more AGFA Gevaert NV Charts.