The Management Board of the Munich-based industrial holding BAVARIA Industries Group AG decided on July 9, 2018 to buy back its own shares. In the period from September 10, 2018 to September 24, 2018, based on the resolution of the Annual General Meeting on June 22, 2018, up to 500,000 shares could be sold by all BAVARIA Industries Group AG shareholders at a price of EUR 57.00.
As part of this offer, 118,176 BAVARIA Industries Group shares were repurchased, which corresponds to 2.34% of the share capital.
Further information about BAVARIA Industries Group AG can be found at www.baikap.de.
For further questions please contact:
BAVARIA Industries Group AG
Tel.: + 49 - (0)89/ 72 98 967-0
Fax: + 49 - (0)89/ 72 98 967-10