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Scout24 AG
Transaction in Own Shares • Jul 19, 2019
385_rns_2019-07-19_613092fe-5a72-4c0c-8853-2d459a011045.html
Transaction in Own Shares
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News Details
Ad-hoc | 19 July 2019 08:39
Scout24 AG resolves share buyback program with a volume of up to 300 million Euros
Scout24 AG / Key word(s): Share Buyback
Scout24 AG resolves share buyback program with a volume of up to 300 million Euros
19-Jul-2019 / 08:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Scout24 AG resolves share buyback program with a volume of up to 300 million Euros
München, 19 July 2019 – With the approval of the Supervisory Board, the Management Board of Scout24 AG has decided to implement a share buyback program with a total volume of up to 300 million Euros, which corresponds approximately 6.0 % of the share capital based on the current share price. The program should start on 2 September 2019 and be completed in the following twelve months.
Scout24 AG thus makes use of the authorization granted by the 2017 Annual General Meeting.
Further details will be released during the course of August 2019 before the start of the share buyback program. Scout24 AG reserves the right to discontinue the share buyback program at any time.
The Management Board
Notifying Person and Investor Relations
Britta Schmidt
Vice President Investor Relations & Controlling
Fon: +49 89 44456 3278
E-Mail: [email protected]
Media Relations
Theresa Krohn
Teamlead Corporate Communications
Fon: +49 30 24301 1422
E-Mail: [email protected]
19-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Scout24 AG |
| Bothestr. 11-15 | |
| 81675 Munich | |
| Germany | |
| Phone: | +49 89 44456 – 0 |
| Fax: | +49 89 44456 – 3000 |
| E-mail: | [email protected] |
| Internet: | www.scout24.com |
| ISIN: | DE000A12DM80 |
| WKN: | A12DM8 |
| Indices: | MDAX |
| Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London |
| EQS News ID: | 843389 |
| End of Announcement | DGAP News Service |