GRENKE AG


Associated tags: Online shopping

Locations: DEUTSCHLAND

EQS-News: GRENKE LAUNCHES SHARE BUYBACK PROGRAMME

Retrieved on: 
Tuesday, February 6, 2024
Supervisory board, Annual, Calendar, Federal Financial Supervisory Authority, News, Baden-Baden, EUR, Share repurchase, Security (finance)

Baden-Baden, February 6, 2024: The Board of Directors of GRENKE AG, with the consent of the Supervisory Board, today resolved to implement a share buyback programme.

Key Points: 
  • Baden-Baden, February 6, 2024: The Board of Directors of GRENKE AG, with the consent of the Supervisory Board, today resolved to implement a share buyback programme.
  • The share buyback programme encompasses a maximum of 2,317,695 shares with a value of up to EUR 70 million (excluding ancillary costs), corresponding to 5 percent of the company’s share capital existing at the time of the authorisation resolution of the Annual General Meeting on August 6, 2020.
  • The share buyback programme is scheduled to begin in the coming week (calendar week 7).
  • Through this share buyback, we are realising an attractive investment opportunity for GRENKE AG, and therefore also for our shareholders, based on the current share price.”
    06.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

EQS-News: GRENKE präsentiert Studie zum Anlageverhalten privater Aktionärinnen und Aktionäre

Retrieved on: 
Thursday, December 14, 2023
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