EQS-CMS
Multitude AG: Repurchase of own shares 16.04.2025
- Multitude AG repurchased 2,065 shares on April 16.
- Total cost of shares bought: €11,043.62 at €5.35.
- Share buyback program completed; 199,173 shares acquired.
EQS Post-admission Duties announcement: Multitude AG / Share buyback Multitude AG: Repurchase of own shares 16.04.2025 |
Zug, 23 April 2025 – Multitude AG, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized enterprises, and other FinTechs (WKN: A40VJN, ISIN: CH1398992755) (“Multitude”, “Company” or “Group”) announces the acquisition of its own shares on 16 April 2025, as follows:
Date | Number of shares | Weighted average price/share, EUR* | Daily purchase amount in EUR | Trading venue (MIC Code) |
16 April 2025 | 2,065 | € 5.35 | € 11,043.62 | XETRA |
*Rounded to two decimals
Detailed information about the transactions is available on the website of Multitude (https://www.multitude.com/investors/shareholder-information/share-buyb ...).
On 14 November 2024, Multitude announced that its Board of Directors has, pursuant to Article 106(4) of the Companies Ac29t (Chapter 386 of the Laws of Malta) (the “Maltese Companies Act”), resolved to implement a share buyback programme to repurchase up to 200,000 of the Company’s own shares (the “Programme). The Programme, in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052, and under the authorisation granted by Multitude's Board of Directors on 13 November 2024, started on 19 November 2024 and ends at the latest on 30 June 2025.
On 16 April 2025, a total of 2,065 shares were purchased under the share buyback programme, at a total cost of EUR 11,043.62. Following these transactions, Multitude AG now holds 311,820 treasury shares.
From 19 November 2024 to 16 April 2025, a total of 199,173 shares were purchased under the share buyback programme, at a total cost of EUR 999,997.80. Multitude hereby announces the completion of the share buyback programme.
Contact:
Bernd Egger
Chief Financial Officer
Phone: +49 173 7931235
E-Mail: bernd.egger@multitude.com
About Multitude AG:
Multitude is a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized enterprises, and other FinTechs overlooked by traditional banks. The services are provided through three independent business units, which are served by our internal Growth Platform. Multitude’s business units are Consumer Banking (Ferratum), SME Banking (CapitalBox), and Wholesale Banking (Multitude Bank). Multitude Group employs over 700 people in 25 countries and offers services in 17 countries, achieving a combined turnover of 264 million euros in 2024. Multitude was founded in Finland in 2005, is registered in Switzerland and is listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol 'MULT'.www.multitude.com
23.04.2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: | English |
Company: | Multitude AG |
Grafenauweg 8 | |
6300 Zug | |
Switzerland | |
Internet: | https://www.multitude.com/ |
End of News | EQS News Service |
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2122556 23.04.2025 CET/CEST