A team of Gleiss Lutz lawyers is advising Heidelberg Materials AG on a planned share buyback programme with a total volume of up to EUR 1.2 billion which is expected to be completed by 2026 at the latest.
The plan is for the share buyback to be carried out in three tranches, with the first tranche scheduled to begin in the second quarter after the 2024 Annual General Meeting.
With over 51,000 employees at nearly 3,000 locations in around 50 countries, Heidelberg Materials is one of the world’s largest integrated manufacturers of building materials and solutions, with leading market positions in cement, aggregates and ready-mixed concrete. The company is listed on the DAX.
The following team of Gleiss Lutz lawyers is advising Heidelberg Materials AG: Dr. Adrian Bingel (lead, partner), Oliver Wolf and Teresa Link (all Corporate, all Stuttgart).
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