AMG Advanced Metallurgical Group N.V. Announces Weekly Share Repurchase Program Transaction Details

World News: . []

Amsterdam, 17 May 2019 --- AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") reports the repurchases made under its share repurchase program announced on 8 April 2019 and effective from 9 April 2019. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period 13 May 2019 through 17 May 2019 can be found in the bottom half of the table below. Further detailed information regarding both the progress of the share repurchase program and the overall trades made on a daily basis can be accessed via the Investors section of the Company's website, or clicking the following link: https://amg-nv.com/investors/share-buyback/

Share Repurchase Program

Overall progress Share Repurchase Program:  
Total Repurchase Amount in Shares 2,915,630
Cumulative Repurchase Amount EUR 29,101,934
Cumulative Quantity Repurchased 1,133,133
Cumulative Average Repurchase Price  EUR 25.68
Start Date 9 April 2019
End Date 2019
Percentage of program completed as at 17 May 2019  38.86%

Overview of details of last 5 trading days:

Trade Date Quantity Repurchased Average
Purchase Price
Settlement Amount
13 May 2019 35,015 EUR 22.15 EUR 775,598
14 May 2019 16,554 EUR 22.83 EUR 377,925
15 May 2019 59,000 EUR 23.43 EUR 1,382,408
16 May 2019 17,135 EUR 23.16 EUR 396,928
17 May 2019 11,900 EUR 23.25 EUR 276,658
Total1 139,604 EUR 22.99 EUR 3,209,518

1All shares bought on Euronext Amsterdam

This press release contains information which is to be made publicly available under the Market Abuse Regulation (nr. 596/2014). The information concerns a regular update of the transactions conducted under AMG's current share repurchase program, as announced by the Company on 8 April 2019, details of which are available on its website.

About AMG

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 (www.amg-nv.com).

For further information, please contact:
AMG Advanced Metallurgical Group N.V.         +1 610 975 4979
Michele Fischer
mfischer@amg-nv.com

Disclaimer
Certain statements in this press release are not historical facts and are "forward looking".  Forward looking statements include statements concerning AMG's plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG's competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG's business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information.  When used in this press release, the words "expects," "believes," "anticipates," "plans," "may," "will," "should," and similar expressions, and the negatives thereof, are intended to identify forward looking statements.  By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved.  These forward looking statements speak only as of the date of this press release.  AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward looking statement is based.


May 17 2019 Share Buyback Transaction Details



This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AMG Advanced Metallurgical Group N.V. via Globenewswire

More news and information about AMG Advanced Metallurgical Group N.V.

Published By:

Thomson Reuters: 20:00 GMT Friday 17th May 2019

Published: .

Search for other references to "advanced" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us