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Aug 9, 2022 - Emmen

Ad hoc announcement pursuant to Art. 53 LR

ALSO Holding AG announces share buyback program

The program will be carried out at market prices on the first trading line as of August 10, 2022. It has a volume of up to 100 million euros (approximately 5% of market capitalization at the current share price). The repurchased shares will be used for treasury purposes including the financing of potential acquisitions, increasing liquidity, and long-term incentives for the management of the company.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN): “With our comprehensive ecosystem and strength of integration, we have created an excellent growth potential for the future. Against the background of our successful transformation from distributor to technology provider, the share is currently undervalued, which is also in line with the latest assessment of all observing analysts.”

Contact

For media inquiries:

Beate Flamm

Senior Vice President Sustainable Change
+49 151 61266047
beate.flamm@also.com