Share buyback program I 2020

Share buyback program I 2020

The Executive Board of S&T AG (www.snt.at) resolved on conducting a new buyback program for own shares ("Buyback Programme I 2020") in accordance with § 65 para. 1 no. 8 of the Austrian Stock Corporation Act (AktG) by utilizing the authorization granted by the extraordinary shareholder meeting on 15 January 2019, which was published on 15 January 2019 via an electronic information dissemination system. The purpose of the Buyback Programme I 2020 is to continue the "Buyback Programme II 2019" (Aktienrückkaufprogramm II 2019), which S&T AG terminated on 27 December 2019 and in the course of which a total of 788,245 own shares, corresponding to 1.193% of the company's share capital, were acquired at a total price of EUR 14,647,351.95 excluding incidental costs of the repurchased shares.