ISIN DE0005419105 / WKN 541910
On 1 July 2024, CANCOM SE made use of the authorisation granted by the Annual General Meeting to acquire treasury shares and offered its shareholders to buy back up to 3,501,705 treasury shares as part of a voluntary public buyback offer.
A total of 4,598,649 shares were tendered to CANCOM SE by the end of the acceptance period on 24 July 2024, 24:00 hours, as part of its voluntary public share buyback offer.
The share buyback offer related to the acquisition of up to 3,501,705 shares of CANCOM SE, corresponding to 10% of the share capital, at an offer price of EUR 33.00 per share. The total number of CANCOM shares tendered thus exceeded the maximum number of shares in the share buyback offer, which led to a proportional allocation in accordance with the allocation ratio, rounded down to the next full number of shares. The allocation ratio was around 76.15%.
The settlement of the tendered shares and thus the purchase price payment to the custodian banks will take place on 1 August 2024. Shares that could not be included in the allocation will be booked back to the original ISIN DE0005419105 / WKN 541910.
© CANCOM 2024
