Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

AMG Advanced Metallurgical Group N.V. Completes Share Repurchase Program

Posted by fidest press agency su martedì, 13 agosto 2019

AMSTERDAM: “AMG”) is pleased to announce the completion of its share repurchase program.
The company repurchased a total of 2,915,630 shares for a total consideration of EUR 72,234,898 from April 9, 2019 to August 9, 2019. These repurchases were made as part of the company’s repurchase program, which was announced on April 8, 2019 and was initiated to return cash to shareholders and fund future share-based employee compensation programs. As such AMG intends to cancel 2,000,000 shares and is retaining the residual amount in treasury to satisfy employee compensation obligations.
AMG is a global critical materials company at the forefront of CO2 reduction trends. AMG produces highly engineered specialty metals and mineral products and provides related vacuum furnace systems and services to the transportation, infrastructure, energy, and specialty metals & chemicals end markets.AMG Critical Materials produces aluminum master alloys and powders, ferrovanadium, natural graphite, chromium metal, antimony, lithium, tantalum, niobium and silicon metal. AMG Technologies produces titanium aluminides and titanium alloys for the aerospace market; designs, engineers, and produces advanced vacuum furnace systems; and operates vacuum heat treatment facilities, primarily for the transportation and energy industries.With approximately 3,300 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, the Czech Republic, the United States, China, Mexico, Brazil, India, Sri Lanka and Mozambique, and has sales and customer service offices in Russia and Japan (


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