On 19 July 2019 Scout24 AG announced the implementation of an up to EUR 300 million share buyback program. Based on the share price at that time, this corresponded to about 5.5% of the share capital. The share buyback will be carried for a maximum period of 12 months from 2 September 2019 to 1 September 2020 and will take place in several tranches.
First Tranche started 2 September 2019
The first tranche of the share buyback, which started on 2 September 2019, with a volume of EUR 150 million, will end earliest on 11 November 2019 and latest on 31 January 2020.
For further details please see the publication in accordance to EU Regulation
According to the Delegated Regulation (EU) 2016/1052 we are obliged to report no later than by the end of the seventh daily market session following the date of the execution of the transaction all the transactions relating to the buy-back programme, to disclose the information on our website and keep the information available to the public for at least five years.
The respective publications and information are available here: