Temenos Announces End of 2018/2019 Share Buyback Programme
GENEVA, Switzerland – December 30, 2019 – Temenos AG (SIX: TEMN), the banking software company, today announces the end of its 2018/2019 share buyback programme.
This share buyback programme, initiated on May 23, 2018, ended on December 30, 2019. In total, 1,342,653 registered shares of the company were bought back at an average price per share of CHF 151.19 on the ordinary trading line on the SIX Swiss Exchange. These shares represent 1.89% of the company’s share capital as registered in the commercial register. The repurchased shares will be used for potential acquisitions and/or to cover future employee stock ownership plans.
Investor & Media Contacts
Head of Investor Relations, Temenos+44 207 423 3945 [email protected]
Conor McClafferty+44 7920 087 914 [email protected]