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Share Buyback 2023

On April 14, 2023, the Management Board of Nagarro SE has resolved to make use of the authorization pursuant to Sec. 71 para. 1 no. 8 of the German Stock Corporation Act (Aktiengesetz, AktG) to repurchase shares of the Company, which was granted by the shareholders’ meeting of October 30, 2020.

In aggregate, up to 350,000 shares of Nagarro SE shall be repurchased as part of a share buyback program, corresponding to a portion of the current nominal share capital of approximately 2.54%, subject to an overall purchase volume limit of EUR 30 million (excluding ancillary costs of purchase). 

The share buyback will be carried out in the time period from April 24, 2023 until October 31, 2023, and prospectively in three tranches of EUR 10 million each.

Nagarro SE announced the terms of this share buyback program on May 02, 2023, in accordance with art. 5 para. 1 lit. a) of the Regulation (EU) no. 596/2014 and art. 2 para. 1 of the Commission Delegated Regulation (EU) no. 2016/1052.

 

 

Disclosure of share buybacks in detailed form and in aggregated form pursuant to art. 2 para. 2 and para. 3 of Commission Delegated Regulation (EU) no. 2016/1052

 

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address Baierbrunner Str. 15, 81379 Munich
phone ‌+49 89 2 31 21 91 51‌
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