FORBO HOLDING AG MEDIA RELEASE
Share buyback offer at a fixed price
The Board of Directors of Forbo Holding Ltd has decided to repurchase up to a maximum of 90,000 of its registered shares (5% of the share capital) at a fixed price of CHF 1,430 per registered share.
Baar, November 15, 2017
At the Ordinary General Meeting on April 6, 2017, the Board of Directors of Forbo Holding Ltd was authorized to repurchase own shares, either through the second trading line on the SIX Swiss Exchange or in another way, up to a maximum of 10% of the share capital over a period of three years for the purpose of a capital reduction.
Based on this authorization, the Board of Directors decided on a share buyback program at a fixed price of CHF 1,430 per registered share of up to a maximum of 90,000 registered shares (5% of the share capital) of Forbo Holding Ltd. The offer period lasts from November 16 to 29, 2017 (5 pm CET). The settlement date of this transaction will be on December 1, 2017.
The repurchase advertisement can be downloaded on our website at www.forbo.com - Investors - Share information - Share buyback - Share buyback program 2017 - 2020.
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