on Fabasoft AG (ETR:FAA)
Fabasoft AG Initiates Share Buyback Program
On September 29, 2026, Fabasoft AG announced a new share buyback initiative following its Annual General Meeting's authorization on July 8, 2026. The program allows for the purchase of treasury shares up to EUR 5 million. This amount represents roughly 2.8% of Fabasoft's share capital, based on the closing share price on September 28, 2026.
The acquisition will be led by a bank, operating independently from Fabasoft, and will comply with Regulation (EU) No. 596/2014's safe harbor provision. Unlike previous regulations, the repurchase's purpose is expanded, adhering to the AGM's authorization.
Fabasoft's buyback period is scheduled to commence on October 5, 2026, and conclude on May 31, 2027. The company plans to release further details before the program begins.
R. P.
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