GEA has reported the cancellation of its shares

GEA Group Aktiengesellschaft has reported the cancellation of all 12,003,304 of its treasury shares acquired in the course of a share buyback program which was completed in February 2018.

While the intended cancellation had already been announced in 2017 it has now been executed with the approval of the Supervisory Board. After the cancellation, there are now 180,492,172 shares issued in total, which corresponds to a reduction of roughly 6.24 percent. The company no longer holds any additional shares of its own.