(PRESS RELEASE) GENEVA, 14-Feb-2020 — /EuropaWire/ — The leading inspection, verification, testing and certification company SGS SA has announced it is launching a new CHF 200 million (~ EUR 188 million) share buyback program. The program aims at reducing the company’s capital and will begin on February 17, 2020 and end on December 30, 2020. According to the company the maximum daily repurchase volume will be caped to 25,221 shares.
The new SGS share buyback will be executed on SIX Swiss Exchange opening up a dedicated second trading line for the purpose.
The notices in German and French:
SGS in brief
Recognized as the global benchmark for quality and integrity, SGS is the world’s leading inspection, verification, testing and certification company. As of today SGS employs some 94,000 people across its network of over 2,600 offices and laboratories around the world.
Media & Investor contacts:
Investors: Toby Reeks
t: +41 79 641 83 02
Media: Daniel Rufenacht
Corporate Communications and Sustainability
t: +41 78 656 94 59