Ad hoc-Mitteilungen

EQS-Adhoc: Forbo launches fixed-price buyback offer

EQS Group-Ad-hoc: Forbo Holding AG / Key word(s): Share Buyback Forbo launches fixed-price buyback offer 26-Nov-2021 / 07:08 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement.


MEDIA RELEASE AD HOC announcement pursuant TO ARTICLE 53 of the six exchange regulation listing rules

The Board of Directors of Forbo Holding Ltd is offering to repurchase maximum 82,500 of its registered shares (5% of the share capital) at a fixed price as part of the current share buyback program 2019-2022. The fixed price is CHF 1,745 per registered share. Trading on the second trading line will be suspended until and including December 13, 2021.

Baar, November 26, 2021

Forbo is a leading producer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions. Forbo's linoleum floor coverings are made from natural raw materials. It is biodegradable and CO2-neutral (cradle to gate), without offsetting. In the manufacture of its heterogeneous vinyl floor coverings, Forbo uses the latest in phthalate-free plasticizers with a base layer containing up to 45% recycled material. The BioBelt(TM) is a biologically degradable conveyor belt made largely from renewable, plant-based materials. The AmpMiser(TM) conveyor belt enables energy savings and therefore also a reduction in CO2 emissions of up to 50%. For Forbo as a responsible manufacturer, the careful use of all resources for a sustainable future is a guiding principle.

Contact person: This E. Schneider Executive Chairman Phone +41 58 787 25 49 www.forbo.com www.forbo.com -> Sustainability


End of ad hoc announcement
Language: English
Company: Forbo Holding AG
Lindenstrasse 8
6341 Baar
Switzerland
Phone: +41 58 787 25 25
Fax: +41 58 787 25 20
E-mail: info@forbo.com
Internet: www.forbo.com
ISIN: CH0003541510
Listed: SIX Swiss Exchange
EQS News ID: 1252124
 
End of Announcement EQS Group News Service

1252124  26-Nov-2021 CET/CEST

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