BASF Report 2021

34. Non-Adjusting Events After the Balance Sheet Date

On January 4, 2022, the Board of Executive Directors approved a share buyback program with a maximum volume of €3 billion to be implemented between January 2022 and December 2023. The share buyback program is based on the authorization from May 12, 2017. A proposal to renew the authorization to buy back own shares is planned for the 2022 Annual Shareholders’ Meeting, which would authorize the continuation of the share buyback program already underway.