EQS-Ad-hoc: Scout24 SE / Key word(s): Share Buyback Scout24 SE resolves a share buyback programme with a volume of up to EUR 100 million
Munich, 22 March 2023 The Management Board of Scout24 SE has resolved, with the consent of the Supervisory Board of today, to repurchase treasury shares with a total purchase price volume of up to EUR 100 million in one or more independent tranches via the stock exchange. For this purpose, the Company makes use of the authorisation granted by the Annual General Meeting 2022, and the renewal of this authorisation shall then be proposed to the Annual General Meeting planned for June 2023. The share buyback is expected to begin in the next weeks and is expected to end in 2024.
Further details will be published in the course of the next weeks prior to the start of the share buyback programme. Scout24 SE reserves the right to discontinue the share buyback programme at any time.
The Management Board
Notifying Person and Investor Relations Filip Lindvall Director Group Strategy & Investor Relations Phone: +49 30 243011917 E-Mail: ir@scout24.com
Media Relations Axel Schmidt Team Lead Corporate Communications Phone: +49 30 24301 1446 E-Mail: mediarelations@scout24.com
22-March-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Scout24 SE |
Invalidenstraße 65 | |
10557 Berlin | |
Germany | |
E-mail: | ir@scout24.com |
Internet: | www.scout24.com |
ISIN: | DE000A12DM80 |
WKN: | A12DM8 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1589765 |
End of Announcement | EQS News Service |
|
1589765 22-March-2023 CET/CEST
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.