The Executive Board of OHB SE decided today to initiate a share buyback program with a volume of up to EUR 6 million. The program is scheduled to start shortly and be completed by March 31, 2022. The legal basis for the buyback program is the corresponding resolution of the Annual General Meeting held on May 26, 2020, pursuant to which the repurchased shares may be used for all legally permissible purposes; in particular, they may be used for the purpose of acquiring companies. In addition, they may be offered and transferred to the Company’s employees as employee shares or issued to members of the Executive Board in fulfillment of existing or future contractual compensation agreements.
