EQS-CMS: Nagarro SE: Disclosure pursuant to Art. 5 (1) lit. b) and (3) of the Regulation (EU) No 596/2014 in conjunction with Art. 2 (2) and (3) of the Commission Delegated Regulation (EU) No 2016/1052

EQS Post-admission Duties announcement: Nagarro SE / Share Buyback – 4th Interim Announcement and Final Announcement (1st Tranche)
Nagarro SE: Disclosure pursuant to Art. 5 (1) lit. b) and (3) of the Regulation (EU) No 596/2014 in conjunction with Art. 2 (2) and (3) of the Commission Delegated Regulation (EU) No 2016/1052

26.05.2023 / 15:45 CET/CEST
Dissemination of a Post-admission Duties announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Munich, 26 May 2023 – In the period from 22 May 2023, up to and including 25 May 2023, Nagarro SE has bought back a total of 26,505 no-par value shares of Nagarro SE (ISIN: DE000A3H2200) within the framework of the share buyback program. In the announcement of 2 May 2023, pursuant to Art. 5 para. 1 lit. a) of the Regulation (EU) No 596/2014 in conjunction with Art. 2 para. 1 of the Delegated Regulation (EU) 2016/1052 it was communicated that the repurchase of treasury shares would commence on 2 May 2023.

The overall volume of the shares bought back daily in the period from 22 May 2023, up to and including 25 May 2023, and the daily volume-weighted average stock market prices of the shares are as follows:

Date Aggregated volume
(number of shares)
Volume-weighted
average stock market share price (EUR)
22 May 2023 5,300 82.5991
23 May 2023 5,145 83.1302
24 May 2023 9,022 82.0246
25 May 2023 7,038 80.2410
In total: 26,505  


The first tranche of the share buyback program was completed as of 25 May 2023. The total number of shares which have been bought back by Nagarro SE since 2 May 2023, up to and including 25 May 2023 within the framework of the first tranche of the share buyback program amounts to 113,134 no-par value shares. This corresponds to a portion of the current nominal share capital of Nagarro SE of approximately 0.82%. The average purchase price paid per share amounted to EUR 88.3884. In total, shares were repurchased within the framework of the first tranche of the share buyback program for a total amount of EUR 9,999,733.46 (excluding ancillary costs of purchase).

Further information pursuant to Art. 5 para. 1 lit. b) and para. 3 of the Regulation (EU) No 596/2014 in conjunction with Art. 2 para. 2 and para. 3 of the Delegated Regulation (EU) No 2016/1052 is available online under https://www.nagarro.com/en/investor-relations/share-buyback-2023.

The purchase of the shares of Nagarro SE was carried out by a bank assigned by Nagarro SE and exclusively via the Frankfurt Stock Exchange (Xetra trading).



26.05.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Nagarro SE
Baierbrunner Straße 15
81379 München
Germany
Internet: www.nagarro.com

 
End of News EQS News Service

1643407  26.05.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1643407&application_name=news&site_id=investegate
UK 100

Latest directors dealings