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GFT Technologies SE
Transaction in Own Shares • Mar 27, 2025
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Transaction in Own Shares
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News Details
Ad-hoc | 27 March 2025 18:08
GFT Technologies SE: GFT Technologies SE resolves on public share buy-back programme
GFT Technologies SE / Key word(s): Share Buyback
GFT Technologies SE: GFT Technologies SE resolves on public share buy-back programme
27-March-2025 / 18:08 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
GFT Technologies SE resolves on public share buy-back programme
Stuttgart, 27 March 2025: The Administrative Board of GFT Technologies SE (SDAX, ISIN: DE0005800601) today has resolved to purchase treasury shares worth up to EUR 15 million (excluding transaction costs) via the stock exchange. Based on the Xetra closing price on 26 March 2025 (EUR 22.95), this corresponds to up to 653,594 shares, or up to 2.48 percent of the share capital.
The share buy-back is to be carried out in accordance with the safe harbour regulations of Article 5 of the EU Market Abuse Regulation (Regulation (EU) No. 596/2014). It is based on the authorisation granted by the Annual General Meeting on 24 June 2020 to acquire up to 10 percent of the company’s own shares. The invitation to the Annual General Meeting on 5 June 2025 will include a proposal for renewal of the authorisation.
The share buy-back programme is to begin in April 2025 and, subject to the renewal resolution by the Annual General Meeting on 5 June 2025, shall end no later than 14 October 2025.
Contact:
Andreas Herzog
Head of Investor Relations & CSR Compliance
GFT Technologies SE
Schelmenwasenstraße 34
70567 Stuttgart
T +49 711 62042-383
www.gft.com
End of Inside Information
27-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | GFT Technologies SE |
| Schelmenwasenstraße 34 | |
| 70567 Stuttgart | |
| Germany | |
| Phone: | +49 (0)711/62042-0 |
| Fax: | +49 (0)711/62042-301 |
| E-mail: | [email protected] |
| Internet: | www.gft.com |
| ISIN: | DE0005800601 |
| WKN: | 580060 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2107788 |
| End of Announcement | EQS News Service |
2107788 27-March-2025 CET/CEST