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TX Group AG ( (CH:TXGN) ) just unveiled an announcement.
TX Group is initiating a share buyback program on September 26, 2025, aiming to repurchase up to 6.25% of its outstanding share capital over three years, equating to a maximum of 662,500 registered shares. This move is designed to efficiently use capital and return funds to shareholders, with the repurchased shares being destroyed through a capital reduction. Zürcher Kantonalbank has been commissioned to handle the transaction, potentially impacting the company’s market positioning and shareholder value.
More about TX Group AG
TX Group forms a network of platforms and holdings that provide users with information, orientation, entertainment, and assistance for everyday life. The company has roots in journalism with Tamedia newspapers and 20 Minuten media, complemented by the advertising marketer Goldbach. TX Group is the anchor shareholder of SMG Swiss Marketplace Group and JobCloud, holds majority stakes in Doodle and Zattoo, and is engaged in the fintech sector through TX Ventures. Founded in 1893, the company has been listed on the Swiss stock exchange since 2000.
Average Trading Volume: 4,329
Current Market Cap: CHF2.04B
See more data about TXGN stock on TipRanks’ Stock Analysis page.