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01/09/2026 20:07
EQS-Adhoc: HUGO BOSS AG: HUGO BOSS TERMINATES SHARE BUYBACK PROGRAMEQS-Ad-hoc: HUGO BOSS AG / Key word(s): Capital measures / Share buybacks Metzingen, September 1, 2026 HUGO BOSS TERMINATES SHARE BUYBACK PROGRAM The Managing Board of HUGO BOSS AG today resolved to terminate the Company's share buyback program, which commenced on August 24, 2026, upon expiration September 8, 2026. Since the start of the program, between August 24, 2026 and September 1, 2026, HUGO BOSS has repurchased 124,044 shares representing a total consideration of approximately EUR 4.8 million. The decision follows today's statement by Frasers Group regarding its intention to increase its shareholding in HUGO BOSS beyond 50% as well as its review of support for Stephan Sturm, Chairman of the Supervisory Board of HUGO BOSS. The termination does not reflect any change in the Company's confidence in its strategy and long-term value creation potential. The Company's capital allocation framework remains unchanged, and the Managing Board will reassess a share buyback program as appropriate.
Investor Relations End of Inside Information 01-Sep-2026 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
2392042 01-Sep-2026 CET/CEST Source : Webdisclosure.com |
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