On  18 December 2023 Deutsche EuroShop announced to launch and implement a share buyback programme under which up to 750,000 shares of the Company were to be repurchased. The maximum total volume of the share buyback programme (acquisition costs excluding ancillary acquisition costs) was EUR 15.0 million.

With the share buyback programme, the Company made partial use of the authorization granted by the ordinary shareholders’ meeting on 29 August 2023, according to which up to a total of 10% of the Company’s share capital that exists at the time the authorisation becomes effective or – if lower – at the time the authorisation is exercised may be acquired until 28 August 2028.

On 11 December 2024, the stated maximum volume of the share buyback program (acquisition costs excluding transaction costs) of EUR 15.0 million was reached and the share buyback program was completed as planned.

The shares were repurchased exclusively via the stock exchange in electronic trading on the Frankfurt Stock Exchange (XETRA trading).

• Ad-hoc disclosure from 18 December 2023
• Launch notification from 19 December 2023
• Final notification from 16 December 2024