EQS-News: FORM NOTIFICATION OF SHARE REPURCHASE PROGRAMME
Retrieved on:
Mittwoch, März 13, 2024
2 para 1 of the Delegated Regulation (EU) 2016/1052 of the Commission (as amended or replaced from time to time)
Key Points:
- 2 para 1 of the Delegated Regulation (EU) 2016/1052 of the Commission (as amended or replaced from time to time)
On November 24th, 2023 the Company’s Management Board has resolved to undertake – apart from the share buy programme decided in February 2022 - a further programme of share buybacks (Buyback Programme) of Deutsche Post AG and to offer these shares exclusively those executives who participate in the global share matching plan. - Up to 3m shares for a total purchase price (excluding incidental expenses) of up to EUR 150m will be repurchased within the scope of this additional Buyback Programme.
- The repurchase via the stock exchange will start on March 8th, 2024 and will end on April 19th, 2024 the latest.
- The Buyback Programme is based on the authorization of the Annual General Meeting of May 4th, 2023, valid until May 3rd, 2028 to launch a share buyback programme in the amount of up to 10% of the Company’s share capital existing at the date the resolution on the share buyback is adopted.