LANXESS Aktiengesellschaft (XTRA:LXS) announces a share repurchase program. Under the program, the company will repurchase up to 9,152,293 own shares, for a total consideration of €200 million. The purpose of share repurchase program is to meet the obligations arising from employee share program. The relevant purchase price for the shares to be bought back must not exceed or fall below the price of the company's shares determined in the opening auction on the trading day in the Xetra trading system or a comparable successor system on the Frankfurt Stock Exchange by more than 10%. In addition, the purchase price must not be higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the stock exchange where the purchase is carried out. The program is valid till December 31, 2019.