Temenos announces new share buyback program of up to CHF 250m Dienstag, 22. April 2025 - 17:44
Ad hoc announcement pursuant to Art. 53 LR
Temenos announces new share buyback program
of up to CHF 250m
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.
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About Temenos
Temenos (SIX: TEMN) is a global leader in banking technology. Through our market-leading core banking suite and best-in-class modular solutions, we are modernizing the banking industry. Banks of all sizes utilize our adaptable technology – deployed on-premises, in the cloud, or as SaaS – to deliver next-generation services and AI-enhanced experiences that elevate banking for their customers. Our mission is to create a world where people can live their best financial lives.
For more information, please visit www.temenos.com.
Investor and media contacts
Investors Adam Snyder Head of Investor Relations, Temenos Email: asnyder@temenos.com Tel: +44 207 423 3945 | International media Conor McClafferty FGS Global on behalf of Temenos Tel: +44 7920 087 914 | Swiss media Martin Meier-Pfister IRF on behalf of Temenos Tel: +41 43 244 81 40 |