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Meier Tobler Group AG ( (CH:MTG) ) has provided an update.
Meier Tobler has concluded the second tranche of its 2025 share buyback offer, purchasing 128,947 registered shares at a fixed price of CHF 37.00 per share for capital reduction purposes. This buyback, which was below the maximum target, reflects the company’s strategic move to optimize its capital structure, potentially enhancing shareholder value.
More about Meier Tobler Group AG
Meier Tobler Group AG is a Swiss building technology specialist headquartered in Schwerzenbach, Zurich. Founded in 1937, the company operates in the trade, heat generation, climate systems, and service sectors, supplying B2B partners with components and installation materials for heating, ventilation, air conditioning, and sanitation. Meier Tobler is listed on the SIX Swiss Exchange and employs around 1,300 people across Switzerland.
Average Trading Volume: 6,472
Current Market Cap: CHF397.8M
For an in-depth examination of MTG stock, go to TipRanks’ Overview page.