GENEVA, Switzerland, August 2, 2021 – Temenos AG (SIX: TEMN), the banking software company, today announces the completion of its 2021 share buyback programme.
This share buyback programme, initiated on February 19, 2021, was completed on July 30, 2021. In total, 1,360,365 registered shares of the company were bought back at an average price per share of CHF 133.8747 on the ordinary trading line on the SIX Swiss Exchange. These shares represent 1.83% of the company’s share capital as registered in the commercial register at the time of today’s announcement (i.e. 74,206,266 shares); it represents 1.87% of the company’s share capital as registered in the commercial register at the time of the launch of this share buyback programme (i.e. 72,757,466 shares). The repurchased shares will be used for potential acquisitions and/or to cover future employee stock ownership plans.