Lenzing to issue new shares in 300 million euro capital increase

Austrian fiber manufacturer Lenzing has announced that its Extraordinary General Meeting (EGM), held on August 25, 2026, approved an increase in share capital while preserving the statutory subscription rights of existing shareholders. The measure is designed to strengthen the balance sheet structure of the company and finance the execution of its strategic transformation strategy, titled 'Grow Nonwovens, Reset Textiles'.