FlatexDEGIRO Initiates Share Buyback Program Worth 100 Million EUR

FlatexDEGIRO SE has announced the initiation of a share buyback program valued at up to 100 million EUR. The decision was made in collaboration with the Supervisory Board and awaits the approval of the Federal Financial Supervisory Authority (Bafin). This move follows the authorization granted by the Annual General Meeting on June 4, 2024.

The program's implementation, as per sections 77 and 78 of the Capital Requirements Regulation (CRR), requires Bafin's approval. FlatexDEGIRO intends to proceed with the buyback once this green light is received. The Management Board is committed to keeping the capital market updated on developments.