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HomeBankingTemenos: Announces End of 2018/2019 Share Buyback Programme

Temenos: Announces End of 2018/2019 Share Buyback Programme

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Temenos: Announces End of 2018/2019 Share Buyback Programme

  • Temenos Group AG a market leading software provider, partnering with banks and also other financial institutions to transform their businesses
  • This share buyback programme, initiated on May 23, 2018, ended on December 30, 2019. In total, 1,342,653 registered shares
  • The company also bought back at an average price per share of CHF 151.19 on the ordinary trading line on the SIX Swiss Exchange
  • These shares represent 1.89% of the company’s share capital as registered in the commercial register
  • The repurchased shares also used for potential acquisitions and/or to cover future employee stock ownership plans
  • Temenos offers cloud-native, cloud-agnostic, API-first digital banking, core banking, payments, fund management

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