DGAP-News: Linde plc / Key word(s): Share Buyback Linde plc: Linde Announces New USD5 Billion Share Repurchase Program 2021-01-25 / 19:51 The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- Linde Announces New USD5 Billion Share Repurchase Program Guildford, UK, January 25, 2021 - Linde plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has authorized a new share repurchase program for up to USUSD5.0 billion of Linde's ordinary shares. This new program will replace the existing USUSD6.0 billion share repurchase program that was authorized on January 22, 2019 and expires on February 1, 2021. "After maintaining a strong balance sheet, investing in quality growth opportunities and paying and annually increasing the dividend, Linde continues to generate surplus cash," said Chief Executive Officer Steve Angel. "Today's announcement of a new USUSD 5 billion stock repurchase program is an opportunity for us to reward shareholders with this surplus." Pursuant to European Market Abuse Regulation (MAR) requirements, this new share repurchase program must set forth a maximum share capital repurchase amount and an expiration date, which the Board has set at 15% of outstanding shares and July 31, 2023, respectively. About Linde Linde is a leading global industrial gases and engineering company with 2019 sales of USD28 billion (EUR25 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet. The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions. For more information about the company and its products and services, please visit www.linde.com. Contacts: Investor Relations Media Relations Juan Pelaez Anna Davies Phone: +1 203 837 2213 Phone: +44 1483 244705 Email: juan.pelaez@linde.com Email: anna.davies@linde.com -----------------------------------------------------------------------------------------------------------------------
2021-01-25 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de -----------------------------------------------------------------------------------------------------------------------
Language: English Company: Linde plc The Priestley Centre, 10 Priestley Road GU2 7XY Guildford United Kingdom Phone: +1-203-837-2210 E-mail: Investor_Relations@Linde.com Internet: www.linde.com ISIN: IE00BZ12WP82 WKN: A2DSYC Indices: DAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Moscow, NYSE, Luxembourg Stock Exchange (Euro MTF) EQS News ID: 1163125 End of News DGAP News Service =------------
1163125 2021-01-25
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January 25, 2021 13:52 ET (18:52 GMT)