INIT INNOVATION IN TRAFFIC SYSTEMS SE
DGAP-Ad-hoc: init innovation in traffic systems SE / Key word(s): Share Buyback/Share Buyback The managing board of init innovation in traffic systems SE has decided in accordance with the resolution of the general meeting of 13 May 2015, topic 6 of the agenda to repurchase up to 30,000 own shares (pursuant to § 71 (1.8) AktG) for a maximum total purchase price of EUR 500,000 (without additional charges) via the stock exchange. The repurchased shares are to be used for existing and future employee share schemes, incentive schemes for members of the managing board and managing directors, as acquisition currency and/or for cash to third party. It is planned to transact the share buy-back during the period from 18 July 2018 to 27 September 2018 on the stock exchange. Contact: Person making the notification: Simone Fritz Investor Relations ir@initse.com
17-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | init innovation in traffic systems SE |
| Käppelestraße 4-10 | |
| 76131 Karlsruhe | |
| Germany | |
| Phone: | +49 (0)721 6100 0 |
| Fax: | +49 (0)721 6100 399 |
| E-mail: | ir@initse.com |
| Internet: | www.initse.com |
| ISIN: | DE0005759807 |
| WKN: | 575980 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |
705277 17-Jul-2018 CET/CEST
