on GRENKE AG (isin : DE000A161N30)
Grenke Successfully Concludes Share Buyback Program
grenke AG has concluded its share buyback program initiated in February 2024. Over 33 weeks, the company repurchased 2,317,695 shares, representing 4.98% of its outstanding capital. The shares were acquired at an average price of EUR 23.92 per share.
The buyback was conducted by a bank via Frankfurt Stock Exchange (XETRA trading). The reacquired shares can be used for any legally permissible purposes by the company.
grenke AG is a global financing partner for small and medium-sized enterprises, offering products like small-ticket leasing, bank products, and factoring. Founded in 1978, the firm operates in over 30 countries and employs approximately 2,200 staff worldwide.
R. P.
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