Temenos announces new share buyback program of up to CHF 250m
Ad hoc announcement pursuant to Art. 53 LR
GRAND-LANCY, Switzerland, April 22, 2025 – Temenos AG (SIX: TEMN), a global leader in banking technology, today announces a new share buyback program of up to CHF 250m, which will commence on April 28, 2025 and last until December 30, 2025 at the latest.
The shares will be repurchased through a secondary trading line (Swiss Security Number: 135.325.821; ISIN: CH1353258218; Ticker: TEMNE) for the purposes of a subsequent capital reduction to be proposed at the Annual General Meeting of Shareholders in 2026.
The share buyback is supported by Temenos’ strong free cash flow generation. The company still expects its leverage to be within the target range of 1.0 to 1.5x net debt to non-IFRS EBITDA by year-end. The share buyback will be somewhat accretive to EPS growth in FY-25 with more pronounced accretion in FY-26.
Further details of the share buyback will be made available here.
Investor & Media Contacts
Investors
Adam Snyder
Head of Investor Relations, Temenos
Email: [email protected]
+44 207 423 3945
International media
Conor McClafferty
FGS Global on belhalf of Temenos
[email protected]
+44 7920 087 914
Swiss media
Martin Meier-Pfister
IRF on belhalf of Temenos
[email protected]
+41 43 244 81 40