Aumann AG (XTRA:AAG) commences share repurchases on March 17, 2023, under the program mandated by the shareholders in the Annual General Meeting held on June 2, 2021. As per the mandate, the company is authorized to repurchase its own shares, representing 10% of its issued share capital. The offer price or the offer range must be based on the current stock exchange price and may not exceed or fall below a limit of 20% of the average closing auction price in Xetra trading three stock exchange trading days before the publication of the offer. The authorization will be valid up to June 1, 2026.

On March 15, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 1,525,000 shares, for €7.0 million, up to a price of €18.00 per share. The program is scheduled to start from March 17, 2023 and end on July 31, 2023 at the latest.