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27.03.2025 18:08:56
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EQS-Adhoc: GFT Technologies SE: GFT Technologies SE resolves on public share buy-back programme
EQS-Ad-hoc: GFT Technologies SE / Key word(s): Share Buyback GFT Technologies SE resolves on public share buy-back programme Stuttgart, 27 March 2025: The Administrative Board of GFT Technologies SE (SDAX, ISIN: DE0005800601) today has resolved to purchase treasury shares worth up to EUR 15 million (excluding transaction costs) via the stock exchange. Based on the Xetra closing price on 26 March 2025 (EUR 22.95), this corresponds to up to 653,594 shares, or up to 2.48 percent of the share capital. The share buy-back is to be carried out in accordance with the safe harbour regulations of Article 5 of the EU Market Abuse Regulation (Regulation (EU) No. 596/2014). It is based on the authorisation granted by the Annual General Meeting on 24 June 2020 to acquire up to 10 percent of the company's own shares. The invitation to the Annual General Meeting on 5 June 2025 will include a proposal for renewal of the authorisation. The share buy-back programme is to begin in April 2025 and, subject to the renewal resolution by the Annual General Meeting on 5 June 2025, shall end no later than 14 October 2025.
End of Inside Information
27-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | GFT Technologies SE |
Schelmenwasenstraße 34 | |
70567 Stuttgart | |
Germany | |
Phone: | +49 (0)711/62042-0 |
Fax: | +49 (0)711/62042-301 |
E-mail: | ir@gft.com |
Internet: | www.gft.com |
ISIN: | DE0005800601 |
WKN: | 580060 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 2107788 |
End of Announcement | EQS News Service |
|
2107788 27-March-2025 CET/CEST
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