EANS-Adhoc: ams AG ams achieves maximum share repurchase volume and completes current share repurchase program
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Buybacks
26.04.2020
Premstaetten - Premstaetten, Austria (27 April 2020) -- ams AG (SIX: AMS), a
leading worldwide supplier of high performance sensor solutions, announces that,
based on the current outstanding number of 274,289,280 bearer shares, the
maximum repurchase volume under the current share repurchase program of max. 5%
or 13,714,464 bearer shares has been achieved and the repurchase program has
been completed.
In line with the resolution by the Annual General Meeting on 5 June 2019, the
purpose of the share repurchase program was to repurchase the necessary shares
to service obligations under long-term employee incentive programs.
The repurchase of ams' own shares has been executed via the ordinary trading
line on SIX Swiss Exchange at market price. Bank Vontobel AG was mandated to
execute the share buyback program. The repurchase program started on 8 April
2020 and has been upheld until 24 April 2020. The conditions set forth by
Circular No. 1 of the Swiss Takeover Board have been complied with.
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About ams
ams is a global leader in the design and manufacture of advanced sensor
solutions. Our mission is to shape the world with sensor solutions by providing
a seamless interface between humans and technology.
ams' high-performance sensor solutions drive applications requiring small form
factor, low power, highest sensitivity and multi-sensor integration. Products
include sensor solutions, sensor ICs, interfaces and related software for
consumer, communications, industrial, medical, and automotive markets.
With headquarters in Austria, ams employs around 8,500 people globally and
serves more than 8,000 customers worldwide. ams is listed on the SIX Swiss stock
exchange (ticker symbol: AMS). More information about ams can be found at https:
//ams.com [https://ams.com/]
Join ams social media channels:
>Twitter [https://twitter.com/amsAnalog] >LinkedIn [https://www.linkedin.com/
company/ams-ag] >Facebook [https://www.facebook.com/amsAnalog] >YouTube [https:/
/www.youtube.com/user/amsAnalog]
ams is a registered trademark of ams AG. In addition many of our products and
services are registered or filed trademarks of ams Group. All other company or
product names mentioned herein may be trademarks or registered trademarks of
their respective owners. Information provided in this press release is accurate
at time of publication and is subject to change without advance notice.
Further inquiry note:
Moritz M. Gmeiner
Vice President Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com
end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Premstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
ISIN: AT0000A18XM4
indexes:
stockmarkets: SIX Swiss Exchange
language: English