Temenos completes its 2014 share buyback programme

Geneva - 18 November 2014

Temenos Group AG (SIX: TEMN), the market leading provider of mission-critical software to financial institutions globally, today announces the early termination of its 2014 share buyback programme. 

Having reached its stated objective of repurchasing up to USD 120m of Temenos shares, the 2014 share buyback programme initiated on 17 June 2014 is now complete. In total, 3,270,794 registered shares of the company were bought back at an average price per share of CHF 34.08 on a second trading line on the SIX Swiss Exchange. These shares represent 4.7% of the company’s share capital. All shares repurchased under the buyback programme will be proposed for cancellation in a capital reduction at the AGM in 2015.

  • 23 June -27 June : total of 137,653 shares at average price of CHF 34.21 
  • 30 June - 04 July : total of 57,000 shares at average price of CHF 34.44 
  • 07 July - 11 July : total of 28,000 shares at average price of CHF 34.41 
  • 14 July - 25 July : no buyback
  • 28 July - 1 August : total of 160,500 shares at average price of CHF 33.69 
  • 04 August - 08 August : total of 285,000 shares at average price of CHF 31.84 
  • 11 August - 15 August: total of 285,000 shares at average price of CHF 33.32 
  • 18 August - 22 August: total of 264,000 shares at average price of CHF 34.84 
  • 25 August - 29 August: total of 216,000 shares at average price of CHF 35.15 
  • 01 September -05 September: total of 149,646 shares at average price of CHF 35.48 
  • 08 September - 12 September: total of 222,000 shares at average price of CHF 35.57 
  • 15 September - 19 September: total of 213,000 shares at average price of CHF 35.56 
  • 22 September - 26 September: total of 164,995 shares at average price of CHF 35.65
  • 29 September - 03 October: total of 114,000 shares at average price of CHF 35.62 
  • 06 October - 10 October: total of 114,000 shares at average price of CHF 35.15 
  • 13 October - 17 October: no buyback
  • 20 October - 24 October: total of 162,000 shares at average price of CHF 31.74 
  • 27 October - 31 October: total of 285,000 shares at average price of CHF 32.76
  • 03 November - 07 November: total of 285,000 shares at average price of CHF 33.83 
  • 10 November - 14 November: total of 114,000 shares at average price of CHF 33.12 
  • 17 November: total of 14,000 shares at average price of CHF 32.23

Total: 3,270,794 shares (4.68% of the capital) bought back at an average price of CHF 34.08

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