The Department of Economics at the Hochschule Niederrhein invites you to the next edition of the Banking & Finance Forum. On Wednesday, 30 April 2025 from 6 p.m. (Audimax, Webschulstraße 41-43, Mönchengladbach), the topic "Planning and implementation of share buyback programmes using the example of Siemens AG" will be on the agenda.
This event will also be organised by Dr Bernhard Müller, Professor of General Business Administration, in particular Finance. Admission is free. External guests are requested to register by e-mail at forum_bankingandfinance(at)hs-niederrhein.de.
German stock corporation law allows listed stock corporations to buy back their own shares from the market as part of share buyback programmes. The aim of this financial measure can be to use surplus liquidity, to optimise the company's capital structure or to support the share price.
Our host company, Siemens AG, Munich, has repeatedly carried out share buy-back programmes. In February 2024, for example, the technology group launched a programme that allows it to acquire up to 80 million of its own shares via the stock exchange by the end of January 2029, which corresponds to ten percent of the share capital.
Lothar Wilisch explains to us how such a major transaction is planned and executed on the capital market. Our guest speaker was responsible for the Equity Capital Markets division, which includes share placements and share buybacks.
Siemens has close ties to the Lower Rhine region. Trains have been manufactured at the Krefeld site since 1898. Today, Siemens Mobility GmbH, a leading production and development site in the field of railway technology with around two thousand employees, is located there.
