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and Article 2 Section (1) of the Delegated EU Regulation 2016/1052
Share Repurchase
AlzChem Group AG announces the start of the share repurchase program which was published by an ad hoc announcement dated February 2, 2021.
Starting February 8, 2021, AlzChem Group AG (hereinafter also referred to as the Company ) will repurchase over a period of up to twelve months up to 50,000 no-par-value shares of the Company having a total purchase price of up to EUR 1 million (excluding ancillary purchase costs) exclusively on the electronic trading platform of the Frankfurt Stock Exchange (XETRA). The maximum purchase price per share (excluding ancillary purchase costs) will not exceed or fall short of the share price determined by the opening auction in XETRA trading on the trading day by more than 10 per cent. The Managing Board of AlzChem Group AG, upon authorization of the Supervisory Board, is thus exercising the authorization by the Annual General Meeting on May 14, 2019, to acquire ow
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