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16/03/2020 | 07:00 CET | Group Announcements

Sonova suspends share buyback program

Stäfa (Switzerland), March 16, 2020 – Sonova Holding AG, a leading provider of hearing solutions, announces that it has decided to suspend the Group’s current share buyback program, effective today. This precautionary measure reflects the short-term uncertainties regarding the financial impact of the global spread of the novel coronavirus (COVID-19). Sonova has a healthy cash position and has additional access to financing through existing credit lines. 


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