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Does Beiersdorf have a share buy-back program?

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Does Beiersdorf have a share buy-back program?

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Beiersdorf owns 9.99% of the share capital. That is the legal maximum. Additional share buy-backs are therefore not possible. However, if Beiersdorf cancelled its own shares additional buy-back would be possible. In the Annual General Meeting company asked from shareholders the right to buy back shares in case of cancellation.

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