Westwing Group SE Acquires 1.2 Million Treasury Shares

On December 12, 2024, Westwing Group SE completed a public share buyback, acquiring approximately 1.2 million treasury shares. The buyback, announced on November 8, led to 1,823,256 shares being tendered. With the buyback cap set at 1,200,000 shares, the allocation ratio was approximately 65.8%, resulting in the purchase of 1,199,866 shares, representing about 5.74% of the company's total shares.

These treasury shares hold no voting or dividend rights. The purchase price will reportedly be credited to shareholders' accounts by December 19, 2024. Shares not included in the buyback allocation will revert to their original ISIN, DE000A2N4H07.