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freenet AG
ISIN: DE000A0Z2ZZ5
WKN: A0Z2ZZ
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freenet AG · ISIN: DE000A0Z2ZZ5 · EQS - adhoc news (48 News)
Country: Germany · Primary market: Germany · EQS NID: 2103968
20 March 2025 04:15PM

freenet AG decides on share buyback programme for up to EUR 100 million


EQS-Ad-hoc: freenet AG / Key word(s): Share Buyback
freenet AG decides on share buyback programme for up to EUR 100 million

20-March-2025 / 16:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


Büdelsdorf, 20 March 2025. The Executive Board of freenet AG [ISIN DE000A0Z2ZZ5] has decided, with the approval of the Supervisory Board today, to launch a share buyback programme in the 2025 financial year. Under this share buyback programme, shares in the company are to be repurchased via the stock exchange in the 2025 financial year. The volume of the share buyback programme amounts to a total of up to EUR 100 million. The further details, in particular the specific period and the exact volume of the share buyback programme 2025 as well as the maximum number of shares that can be acquired under the share buyback programme 2025, will be determined by the Executive Board at a later date.

freenet AG is thus making use of the authorisation granted by the Annual General Meeting on 5 May 2022, according to which shares of up to 10% of the company's share capital existing at the time of the resolution or, if this value is lower, at the time the authorisation is exercised, may be repurchased until 4 May 2027. No use has been made of the authorisation to date. The company currently holds 50,000 treasury shares (approx. 0.04% of the share capital).

The repurchased shares are to be cancelled by reducing the share capital.

The share buyback programme will be carried out in accordance with the provisions of Regulation (EU) No. 596/2014 and Commission Delegated Regulation (EU) 2016/1052. Further details will be published before the start of the share buyback programme. freenet AG reserves the right to adjust, interrupt or discontinue the share buyback programme at any time.



End of Inside Information

20-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: freenet AG
Hollerstrasse 126
24782 Buedelsdorf
Germany
Phone: +49 (0)40 51306-778
Fax: +49 (0)40 51306-970
E-mail: ir@freenet.ag
Internet: www.freenet.ag
ISIN: DE000A0Z2ZZ5, DE000A1KQXU0
WKN: A0Z2ZZ , A1KQXU
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2103968

 
End of Announcement EQS News Service

2103968  20-March-2025 CET/CEST

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