CA Immo cancels treasury shares and launches new buyback programme

CA Immobilien Anlagen AG has cancelled more than five million treasury shares and announced a new share buyback programme, the company confirmed on Wednesday.

Following a resolution of the Management Board and the Supervisory Board, 5,324,821 no-par value bearer shares were cancelled with effect from 27 August 2025. The move reduced the company’s share capital by €38.7 million to €735.5 million, now divided into 101,171,605 shares, of which 101,171,601 are bearer shares and four are registered shares. After the cancellation, treasury shares amount to approximately 5.26 percent of the company’s share capital.

On the same day, the Management Board approved the launch of a new share buyback programme under Article 65 of the Austrian Stock Corporation Act. The programme allows the repurchase of up to 2,023,432 shares, equivalent to 2 percent of current share capital, via stock exchange transactions.

The repurchase price must be no less than 30 percent and no more than 10 percent above the average closing market price over the previous ten trading days. The maximum purchase price will be capped at the company’s most recently published IFRS net asset value (NAV) per share.

The programme is scheduled to begin on 15 September 2025 at the earliest and will run until 4 November 2027. According to CA Immo, the initiative may be used for any permitted purpose under the authorisation granted by shareholders at the company’s Annual General Meeting in May 2025. One of its stated objectives is to enhance shareholder value.