FlatexDEGIRO Launches Share Buyback Program

FlatexDEGIRO AG has announced the initiation of a share buyback program. The program will start on October 1, 2024, and conclude by May 7, 2025. It targets a maximum of 11,003,254 shares, valued up to EUR 50 million, excluding ancillary costs.

The German Federal Financial Supervisory Authority (BaFin) has approved the program. The buyback will be executed by an independent investment bank, unaffected by the Company's influence. This action follows the authority granted at the Annual General Meeting on June 4, 2024, allowing the repurchase of up to 10% of the Company’s share capital.

The share buyback program will adhere to market conditions and regulatory compliance, including EU Market Abuse Regulation. Detailed information will be provided on the Company’s Investor Relations website. FlatexDEGIRO retains the right to terminate or suspend the program as necessary.