ASCOM COMPLETES SHARE BUYBACK PROGRAM

What happened: Ascom Holding AG (ASCN.SW) announced the completion of its share capital reduction following its share buyback program. Key numbers: 3 million registered shares repurchased, 8.3% of outstanding shares, for a total of 13.4 million francs. Shares traded 2.05 percent down at $5.72. Why it matters: The repurchased shares will be cancelled to reduce share capital, with the Board of Directors planning to carry out the reduction under the capital band provisions in Article 3b of the Articles of Association. Coverage: 3 outlets in 24h

Ascom completing its share buyback program signals corporate capital return activity.

Ascom completing its share buyback program signals corporate capital return activity. — impact context not separately stored; see What changed.