Alzchem Group AG Initiates Share Buyback Plan

Alzchem Group AG, based in Trostberg, has announced a share buyback program valued at up to 10 million euros. The program, approved by the company's Supervisory Board, aims to repurchase up to 70,000 shares over the span of 12 months via the stock exchange. The intended purposes of the buyback include using the shares as acquisition currency, issuing them to employees within the group, or potentially cancelling them. The buyback aligns with the authorization from the company's 2024 Annual General Meeting. Further details regarding the buyback will be released prior to its initiation.