The Executive Board of CANCOM SE (COK.DE), with the approval of the Supervisory Board, has resolved to initiate a share buyback program. The company plans to repurchase up to about 3.15 million treasury shares, representing up to 10% of its share capital, during the period from 22 September 2025 to 18 September 2026, the German IT services company said in a statement.
According to the company, the purchase price per share paid by the company (excluding incidental costs) may not exceed or fall below the arithmetic mean of the closing auction prices of CANCOM SE shares in XETRA trading on the Frankfurt Stock Exchange on the last three trading days prior to the acquisition by more than 10 Percent.
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