Landis+Gyr launches fixed-price tender offer to buy back up to 1,000,000 shares at CHF 50 each

Reuters2026/08/03 04:56

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Landis+Gyr launched a fixed-price tender offer to repurchase up to 1,000,000 registered shares for CHF 50 million.
Offer price set at CHF 50 per share, a 9.5% premium to the last close before the announcement.
Offer runs Aug. 4 to Aug. 18; allocations prorated if tenders exceed the 1,000,000-share cap.
Settlement set for Aug. 21; results scheduled for Aug. 19.
Company ended its 2025–2028 buyback program, having repurchased 1,264,957 shares for CHF 61.9 million at an average CHF 48.97.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landis&Gyr Group AG published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Landis+Gyr launches fixed-price tender offer to buy back up to 1,000,000 shares at CHF 50 each

You may also like

Crypto prices