IVU Traffic Technologies AG Announces Share Buyback Plan

IVU Traffic Technologies AG has decided to initiate a new share buyback program following its Executive Board's recent approval. This decision aligns with the authorization from the Annual General Meeting held on May 29, 2024, permitting the company to acquire its shares until May 28, 2029. Between June 10 and September 30, 2026, the company aims to repurchase up to 150,000 shares, making up 0.85% of its share capital, with a maximum expenditure of €3.5 million via XETRA trading.

The repurchased shares may serve various company-sanctioned purposes. An independent credit institution, operating under the safe harbour provisions, will oversee this buyback process. Updates on the program will be available on IVU's website under the Investors section.