• Agfa-Gevaert: Share buyback program – regulated information

    Source: Nasdaq GlobeNewswire / 26 Jul 2021 10:40:00   America/Chicago

    Mortsel, Belgium – July 26, 2021 – 5:40 p.m. CET

    Within the framework of the share buyback program which was announced in the press release of March 10, 2021, Agfa-Gevaert NV proceeded with the purchase of own shares on the market of Euronext Brussels.

    The authorization to acquire own shares was granted to the Board of Directors by the Extraordinary General Meeting of Shareholders of May 12, 2020.

    Agfa-Gevaert NV has requested a financial intermediary to repurchase Agfa-Gevaert shares for a maximum amount of 50,000,000 Euro on its behalf under the terms of an initial discretionary mandate agreement with validity until March 31, 2022, effective as from April 1, 2021.

    As a result of a decision of the Board of Directors, the company, by notarial deed dated June 22, 2021, cancelled a total of 1,996,884 treasury shares.
    This decision was taken in accordance with the authorization granted to the Board of Directors by the Extraordinary General Meeting of Shareholders on May 12, 2020. As a consequence, the new number of outstanding shares (denominator) is now 165,754,306.

    On July 23, 2021, the Agfa-Gevaert Group held 833,907 own shares, which represents 0.50% of the total number of shares of the Group.

    Detailed operations per day:

    Date Number of shares Average
    price (€)     		Minimum
    price (€)     		Maximum
    price (€)     		Total
    price (€)
               
    July  19, 2021 29,436 3.8177 3.7850 3.8700 112,377.82
    July  20, 2021 33,305 3.8057 3.7700 3.8350 126,748.84
    July  21, 2021 20,296 3.8662 3.8450 3.9000 78,468.40
    July  22, 2021 32,000 3.9715 3.9300 4.0000 127,088.00
    July  23, 2021 32,000 4.0090 3.9800 4.0250 128,288.00
               
    Total 147,037 3.8968     572,971.05

    Since the beginning of the share buyback program until July 23, 2021; the Agfa-Gevaert Group bought 2,830,791 own shares, representing 1.69% of the total outstanding shares on April 1, 2021.

    About Agfa

    The Agfa-Gevaert Group is a leading company in imaging technology and IT solutions with over 150 years of experience. The Group holds four divisions: Radiology Solutions, HealthCare IT, Digital Print & Chemicals and Offset Solutions. They develop, manufacture and market analogue and digital systems for the healthcare sector, for specific industrial applications and for the printing industry. In 2020, the Group realized a turnover of 1,709 million Euro.

    Contact:

    Johan Jacobs
    Corporate Press Relations Manager
    T +32 (0)3/444 80 15
    E johan.jacobs@agfa.com

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