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Meier Tobler Group AG ( (CH:MTG) ) has shared an announcement.
Meier Tobler Group AG has announced the launch of the second tranche of its 2025 share buyback program, aiming to repurchase up to 162,162 registered shares at a fixed price of CHF 37.00 per share, totaling a maximum of CHF 6.0 million. This strategic move, facilitated by Zürcher Kantonalbank, is intended for capital reduction and reflects the company’s efforts to optimize its financial structure, potentially impacting its market positioning and shareholder value.
More about Meier Tobler Group AG
Meier Tobler Group AG, founded in 1937 and headquartered in Schwerzenbach, Zurich, is a Swiss building technology specialist. The company trades on the SIX Swiss Exchange and employs around 1,300 people across Switzerland. It focuses on trade, heat generation, climate systems, and service, providing B2B partners with components for heating, ventilation, air conditioning, and sanitation, as well as energy-efficient solutions for buildings.
Average Trading Volume: 7,047
Current Market Cap: CHF390.1M
For an in-depth examination of MTG stock, go to TipRanks’ Overview page.