​Scout24 AG resolves share buyback program with a volume of up to 300 million Euros

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]