EQS-Adhoc: TAKKT AG prolongs current share buyback program with a total volume of up to EUR 25 million until the end of December 2024

EQS-Ad-hoc: TAKKT AG / Key word(s): Share Buyback TAKKT AG prolongs current share buyback program with a total volume of up to EUR 25 million until the end of December 2024 27-Jun-2023 / 14:56 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. TAKKT AG prolongs current share buyback program with a total volume of up to EUR 25 million until the end of December 2024 Stuttgart, Germany, June 27, 2023. In view of the continued high equity ratio and the cash flow strength of the business model, the Management Board of TAKKT AG today resolved to prolong the buyback program launched in early October 2022. It is scheduled to end on December 31, 2024 at the latest. The program was previously scheduled to expire on June 30, 2023. The total volume of the share buyback program, which has been running since October 2022, will remain unchanged after the extension. TAKKT intends to acquire a total of up to 1,968,309 shares via the stock exchange for a total purchase price of up to EUR 25 million (excluding incidental costs) under the program. By June 23, 2023, TAKKT has repurchased 592,788 of its own shares for a total of approximately EUR 7.7 million. This leaves around EUR 17.3 million available for further purchases under the program. The buyback program is based on the authorization by the Shareholders' Meeting on May 18, 2022. The repurchased shares may be used for all purposes permitted under the provisions of stock corporation law and the aforementioned authorization. Contact: Benjamin Bühler Investor Relations Presselstr. 12 70191 Stuttgart Germany [phone] End of Inside Information 27-Jun-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	TAKKT AG
	Presselstr. 12
	70191 Stuttgart
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.takkt.de
ISIN:	DE0007446007
WKN:	744600
Listed:	Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID:	1666947

End of Announcement	EQS News Service

1666947  27-Jun-2023 CET/CEST