On 27 October 2020, the Executive Board of S&T AG (www.snt.at) resolved on conducting a new buyback program for own shares ("Buyback Programme II 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 repurchase of shares under the Buyback Programme II 2020 will be managed by a credit institution. The volume amounts to up to 1,000,000 shares and the Buyback Programme II 2020 is planned to commence on Friday, 30 October 2020