3U HOLDING AG resolves public share buyback offer for up to 3,670,051 shares
On September 22nd, 3U HOLDING AG resolved and announced a public share buyback offer for up to 3,670,051 3U shares at a fixed price of EUR 2.45 per share.
The acceptance period for the repurchase offer begun on 5 October 2023, 00:00 a.m. (CET) and ended at midnight/12:00 p.m. (CET) on 1 November 2023. All information on this can be found in the offer document.
The final result of the acceptance of the public share buyback offer was published in a press release on 7 November 2023 and in the German Federal Gazette on 8 November 2023.
As the company holds more than 3 % of its own shares upon completion of this share buyback, a publication on the acquisition of treasury shares was made on 13 November 2023 in accordance with Section 40 (1) sentence 2 WpHG.
3U HOLDING AG acquires, operates and sells companies in the three segments of Information and Telecommunications Technology (ITC), Renewable Energies (RE) and Sanitary, Heating and Air Conditioning Technology (SHAC) with the objective of creating value added for all stakeholders. The 3U Group operates successfully through its business models which are aligned to megatrends in all three segments. The Group strives to achieve market leadership, especially in its e-commerce business model.