The Managing Board of HUGO BOSS AG today resolved to terminate the Company's share buyback program, which commenced on August 24, 2026, upon expiration September 8, 2026. Since the start of the program, between August 24, 2026 and September 1, 2026, HUGO BOSS has repurchased 124,044 shares representing a total consideration of approximately EUR 4.8 million.
The decision follows today's statement by Frasers Group regarding its intention to increase its shareholding in HUGO BOSS beyond 50% as well as its review of support for Stephan Sturm, Chairman of the Supervisory Board of HUGO BOSS.
The termination does not reflect any change in the Company's confidence in its strategy and long-term value creation potential. The Company's capital allocation framework remains unchanged, and the Managing Board will reassess a share buyback program as appropriate.
If you have any questions please contact:
Media Relations
Carolin Westermann
Senior Vice President Global Corporate Communications
Phone: +49 7123 94-86321
E-mail: carolin_westermann(at)hugoboss.com
Investor Relations
Christian Stöhr
Senior Vice President Investor Relations
Phone: +49 7123 94-87563
Email: christian_stoehr@hugoboss.com
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