EQS-Ad-hoc: flatexDEGIRO AG / Key word(s): Share Buyback/Dividend flatexDEGIRO AG: Management and Supervisory Board adopt key points of a new capital allocation strategy for the first time flatexDEGIRO AG expects to achieve a Common Equity Tier 1 ratio (CET1 ratio) of over 30 percent, taking into account the profits for 2023, and to continue to generate regulatory capital surpluses in the coming years. On this basis, the Management Board and Supervisory Board of flatexDEGIRO AG today adopted the key points of a new capital allocation strategy for the first time. Subject to compliance with all regulatory financial requirements, the main key points include:
The Annual General Meeting decides on the respective dividend. The acquisition of own shares is additionally subject to the approval of the German Federal Financial Supervisory Authority (BaFin). Contact: Achim Schreck Head of IR & Corporate Communications flatexDEGIRO AG Omniturm, Große Gallusstr. 16-18 D-60312 Frankfurt/Main +49 (0) 69 450001 1700 achim.schreck@flatexdegiro.com End of Inside Information
12-Dec-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | flatexDEGIRO AG |
Omniturm, Große Gallusstraße 16-18 | |
60312 Frankfurt / Main | |
Germany | |
Phone: | +49 (0) 69 450001 0 |
E-mail: | ir@flatexdegiro.com |
Internet: | www.flatexdegiro.com |
ISIN: | DE000FTG1111 |
WKN: | FTG111 |
Indices: | SDAX |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1795231 |
End of Announcement | EQS News Service |
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1795231 12-Dec-2023 CET/CEST
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