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Landis+Gyr Announces Completion of its 2019–2022 Share Buyback Programme

Cham, Switzerland – January 28, 2022

On January 28th, 2022, Landis+Gyr Group AG (SIX: LAND) completed its 2019–2022 share buyback programme which commenced on January 30th, 2019 and was suspended effective March 30th, 2020.

Under the share buyback programme, Landis+Gyr has repurchased 601,056 of its shares on the first trading line on the SIX Swiss Exchange for a total of CHF 43,209,011 at an average purchase price per share of CHF 71.89.

All the repurchased shares have already been cancelled by the Annual General Meetings in 2019 and 2020.

Detailed information on the completed share buyback programme can be found on the Landis+Gyr investor website: www.landisgyr.com/investors/share-buyback-program

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having avoided 9 million tons of CO2 in FY 2024, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2024, Landis+Gyr employs around 6,300 talented people across five continents. For more information, please visit our website www.landisgyr.com.

Media Contacts

  • Christian Waelti
    Media
    Christian Waelti
    Head of Investor Relations and Corporate Communications
  • Fabio Franceschi
    Media
    Fabio Franceschi
    Senior Manager Group Communications

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