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News Holcim initiates share buyback programme

Holcim initiates share buyback programme

Written by Global Cement staff 20 March 2024
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Switzerland: Holcim launched a share buyback programme on 18 March 2023. The programme, totalling Euro1.03bn, will run until the end of 2024. Share cancellation is scheduled for approval at the group’s annual general meeting in May 2025. Holcim plans to finance the buyback from its existing cash reserves. It says that it remains committed to retaining a strong investment grade credit rating.

Last modified on 20 March 2024
Published in Global Cement News
Tagged under
  • Switzerland
  • Holcim
  • Shares
  • buyback
  • Finance
  • GCW651
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