Infineon Technologies announces successful completion of it Share Buyback Program 2024, announced on 26 February 2024.
The latest Share Buyback Program of Infineon was 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 part of the Share Buyback Program 2024, a total of 7,000,000 shares (ISIN DE0006231004) were acquired. The total purchase price of the repurchased shares was € 232,872,668. The average purchase price paid per share was € 33.27.
The share buyback was carried out on behalf of Infineon by an independent credit institution via Xetra trading on the Frankfurt Stock Exchange.
It serves the sole purpose of allocating shares to employees of the company or affiliated companies, members of the Management Board of the company.
As well as members of the management board and the board of directors of affiliated companies as part of the existing employee participation programs.
Further information on the Share Buyback Program 2024, Click Here
