TX Group will commence its previously announced share buyback program on Friday, September 26, 2025, marking a significant capital management initiative for the Swiss media company. The program, first detailed in the company's half-year results press release on August 26, 2025, involves repurchasing up to 6.25% of the outstanding share capital over a maximum three-year period. This substantial commitment corresponds to a volume of up to 662,500 registered shares and reflects the company's confidence in its financial position.
The primary objectives of this initiative are the efficient use of capital and returning funds to shareholders, demonstrating TX Group's commitment to shareholder value creation. The transaction will be executed at market price through a second trading line specifically designated for share cancellation purposes. Zürcher Kantonalbank has been commissioned to handle the transaction, which will ultimately lead to the cancellation of repurchased shares through a capital reduction process. This approach demonstrates TX Group's strategic focus on optimizing its capital structure while maintaining financial flexibility.
The timing of this buyback program follows the company's recent half-year financial results and signals management's belief that the current share price represents good value. By reducing the number of shares outstanding, the program is expected to increase earnings per share for remaining shareholders while demonstrating the company's strong cash position and commitment to disciplined capital allocation. The company has made further information on the share buyback programme available through its official corporate website for investor reference.
This capital return initiative comes as TX Group continues to operate its network of platforms and participations that provide users with information, orientation, entertainment and daily life assistance. The company maintains its roots in journalism through Tamedia newspapers and 20 Minuten free media, while expanding its portfolio through various strategic investments and partnerships. The buyback program represents a clear signal to the market about the company's financial stability and its ability to generate sufficient cash flows to fund both operational growth and shareholder returns simultaneously.
