Landis+Gyr Announces Completion of its 2019–2022 Share Buyback Programme
Cham, Switzerland – January 28th, 2022 – On January 28th, 2022, Landis+Gyr Group AG (SIX: LAND) completed its 2019–2022 share buyback programme which commenced on January 30th, 2019 and was suspended effective March 30th, 2020.
Under the share buyback programme, Landis+Gyr has repurchased 601,056 of its shares on the first trading line on the SIX Swiss Exchange for a total of CHF 43,209,011 at an average purchase price per share of CHF 71.89.
All the repurchased shares have already been cancelled by the Annual General Meetings in 2019 and 2020.
Detailed information on the completed share buyback programme can be found on the Landis+Gyr investor website: www.landisgyr.com/investors/share-buyback-program
Melissa van Anraad
Head of PR
Phone +41 41 935 63 98
SVP Investor Relations & Corporate Communications
Phone +41 41 935 6396
Head of Investor Relations
Phone +41 41 935 6331
Landis+Gyr is a leading global provider of integrated energy management solutions for the utility sector. Offering one of the broadest portfolios, we deliver innovative and flexible solutions to help utilities solve their complex challenges in Smart Metering, Grid Edge Intelligence and Smart Infrastructure. With sales of USD 1.4 billion in FY 2020, Landis+Gyr employs around 5,000 people in over 30 countries across five continents, with the sole mission of helping the world manage energy better.