Deutsche Post AG Announces Share Buyback Program

Deutsche Post AG has announced a continuation of its share repurchase program, initially launched in February 2022. The buyback initiative was expanded in February 2023 and again in February 2024, now aiming to repurchase up to 130 million shares, amounting to a total expenditure of €4 billion. The program is scheduled to run until December 2025.

The repurchased shares may be retired, used for executive remuneration, employee share offerings, or to meet obligations under a convertible bond. The initiative allows for the acquisition of shares not exceeding 10% of the company's share capital.

A new tranche of up to €500 million will commence on December 3rd, 2024. This tranche will be executed by an independent financial service provider, adhering strictly to EU regulations on market abuse and buyback programs.