24.05.2024 14:25:13 - EQS-News: Fraport AG Frankfurt Airport Services Worldwide: Share Buyback for the Employee Participation Program

===
EQS-News: Fraport AG Frankfurt Airport Services Worldwide / Key word(s): Share Buyback
Fraport AG Frankfurt Airport Services Worldwide: Share Buyback for the Employee Participation Program
2024-05-24 / 14:25 CET/CEST
The issuer is solely responsible for the content of this announcement.
Frankfurt, 24 May 2024 - For the implementation of this year's employee participation program the Executive Board of
Fraport AG Frankfurt Airport Services Worldwide (ISIN DE0005773303) decided to buy back own shares through the stock
exchange. To fulfill all claims up to 75,000 of its own shares (this corresponds to approximately 0.081 percent of the
capital stock) will be bought back.
The share buyback complies with rules and regulations set forth in Sec. 71 (1) No. 2 AktG (Aktiengesetz ? German Stock
Corporation Act). It serves solely to fulfil the obligations arising from the employee share capital program of Fraport
AG Frankfurt Airport Services Worldwide. The total purchase price (excluding incidental costs) is up to EUR 4,000,000.
The share buyback will begin on 04 June 2024 and will be completed by 30 June 2024. It will be carried out by an
independent financial service provider in accordance with the safe harbour rules defined under Article 5 of Regulation
(EU) No. 596/2014 of the European Parliament and of the Council dated 16 April 2014, in conjunction with the provisions
of the Delegated Regulation (EU) 2016/1052 of the Commission dated 8 March 2016. In particular, the financial services
provider is required to execute the repurchase of shares as follows:
1. The shares are purchased at market prices in accordance with the aforementioned regulations. The shares are not
purchased at a price higher than the higher of the price of the last independent trade and the highest current
independent purchase bid on the trading venue where the purchase is carried out.
2. On any trading day, no more than 25 percent of the average daily volume of the shares on the trading venue on which
the purchase is carried out is purchased. The average daily volume is based on the average daily volume traded during
the month preceding the month, in which the publication of the share buyback program took place, that means, on the
average daily trading volume in April 2024.
Contact:
Fraport AG Frankfurt Airport Services Worldwide
Christoph Nanke
Head of Finance and Investor Relations
Airportring
60547 Frankfurt am Main
Tel. +49 69 690-74842
Fax +49 69 690-74843
E-Mail: investor.relations@fraport.de

2024-05-24 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com  
Language:     English 
Company:      Fraport AG Frankfurt Airport Services Worldwide 

-
60547 Frankfurt am Main
Germany
Phone:        +49 (0)69 6 90-7 48 42 
Fax:          +49 (0)69 6 90-7 48 43 
E-mail:       investor.relations@fraport.de 
Internet:     www.fraport.com 
ISIN:         DE0005773303 
WKN:          577330 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1910917

End of News EQS News Service
===
1910917 2024-05-24 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1910917&application_name=news

END) Dow Jones Newswires

May 24, 2024 08:25 ET (12:25 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
FRAPORT AG FFM.AIRPORT 577330 Frankfurt 49,400 14.06.24 17:17:00 -2,750 -5,27% 0,000 0,000 50,800 49,400

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH