FORBO HOLDING AG MEDIA RELEASE
Continuation of the Forbo share buyback program 2017-2020
The Board of Directors of Forbo Holding Ltd has decided to continue with the current share buyback program 2017-2020 via a second trading line and thus buy back a maximum of 116,895 registered shares (6.49% of the share capital).
Baar, June 6, 2018
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.
Within the framework of the share buyback, Forbo purchased 63,105 registered shares (3.51% of the share capital) at a fixed price in November 2017. Therefore, a maximum of 116,895 registered shares (6.49% of the share capital) of Forbo Holding Ltd could still be bought back as part of the current share buyback program.
Based on this information, the Board of Directors has decided to continue with the current share buyback program 2017-2020 via a second trading line.
The official notice for the share buyback features detailed information and is published in German and French on our website at www.forbo.com - Investors - Share information - Share buyback - Share buyback program 2017-2020.
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