DATAGROUP on the development of shareholder value measures
|
EQS-News: DATAGROUP SE
/ Key word(s): Strategic Company Decision
Pliezhausen, December 9, 2024. DATAGROUP SE (WKN A0JC8S) announced an extensive program to increase shareholder value on November 16, 2024. The share price had reacted very positively to this. Among other things, this included the now expired share buyback program. In addition, the preliminary figures for FY 2023/2024 presented on November 21, 2024 were well received by the capital market. As part of this voluntary public share buyback offer, 50,756 were tendered to the company at a price of EUR 42.13; this corresponds to 0.6 % of the share capital. As a result, DATAGROUP SE now holds a total of 68,297 treasury shares (corresponding to approx. 0.8 % of the share capital). The treasury shares can be used for all statutory options such as redemption, use to finance company takeovers and also for employee share programs. “With the figures presented for FY 2023/2024, we have shown that our business model allows for organic growth even in challenging times. This clearly differentiates us from our competitors. We want to continue to grow in the current fiscal year 2024/2025, let our shareholders participate in our business success in the future and further increase shareholder value”, says Andreas Baresel, CEO of DATAGROUP. In light of the very positive development, the management board will decide on possible further measures such as another buyback offer or a return to the previous dividend policy. About DATAGROUP DATAGROUP is one of the leading German IT service providers. Some 3,500 employees at locations across Germany design, implement, and operate IT infrastructures and business applications. With its CORBOX product, DATAGROUP is a full-service provider, supporting global IT workplaces for medium and large enterprises as well as public authorities. DATAGROUP is growing organically and through acquisitions. The acquisition strategy is particularly noted for its optimal integration of new companies. DATAGROUP is actively participating in the consolidation process with its “buy and turn around” and its “buy and build” strategy. Press / Investor Contact Anke Banaschewski
09.12.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | DATAGROUP SE |
| Wilhelm-Schickard-Str. 7 | |
| 72124 Pliezhausen | |
| Germany | |
| Phone: | +49 711 4900 500 |
| Fax: | +49 711 41079 220 |
| Internet: | www.datagroup.de |
| ISIN: | DE000A0JC8S7 |
| WKN: | A0JC8S |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange; London |
| EQS News ID: | 2046453 |
| End of News | EQS News Service |
|
|
2046453 09.12.2024 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.