flatexDEGIRO completes share buyback program of EUR 50 million

EQS-News: flatexDEGIRO AG / Key word(s): Share Buyback flatexDEGIRO completes share buyback program of EUR 50 million 05.05.2025 / 13:00 CET/CEST The issuer is solely responsible for the content of this announcement. flatexDEGIRO completes share buyback program of EUR 50 million

• 3,136,243 shares in total repurchased (approx. 2.8 percent of share capital)
• Average purchase price of approx. 15.94 Euro per share

flatexDEGIRO AG (“Company”) successfully completed its share buyback program on May 2, 2025. The share buyback began on October 1, 2024. Over the course of the program, flatexDEGIRO has repurchased a total of 3,136,243 of its own shares (ISIN DE000FTG1111) in the amount of around EUR 50 million at an average price of approx. 15.94 Euro per share. This corresponds to approximately 2.8 percent of the Company’s share capital.

The share buyback supplemented the dividend payment of EUR 4.4 million for the 2023 financial year. The total of dividend and share buyback (EUR 54.4 million) thus equates to approximately 76 percent of the Company’s net income in 2023 (EUR 71.9 million).

Dr. Benon Janos, CFO of flatexDEGIRO AG, says: “We are pleased to have successfully completed our first share buyback program of this magnitude. It was important to us to let our shareholders participate in our success while maintaining a very solid capital base. Following a record year in 2024, we have presented a clear growth plan to increase net income by approximately 80 percent over the next three years, thereby further expanding our ability to create significant shareholder value.”

Detailed information on the share buyback program can be found on flatexDEGIRO’s Investor Relations website.

 

For further information please contact:

Achim Schreck    Phone [phone] 
Head of IR & Corporate Communications  [e-mail]  

Laura Hecker      Phone [phone] 
Director Investor Relations    [e-mail]

 

flatexDEGIRO AG - Leading European investment platform for building wealth

(www.flatexdegiro.com, ISIN: DE000FTG1111, Ticker: FTK.GR)