EQS-Adhoc: GRENKE AG: GRENKE applies for approval of share buyback program
EQS-Ad-hoc: GRENKE AG / Key word(s): Letter of Intent
GRENKE AG: GRENKE applies for approval of share buyback program
21-Nov-2023 / 10:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
GRENKE applies for approval of share buyback program
Baden-Baden, November 21, 2023: With consent of the Supervisory Board the Board of Directors of GRENKE AG today has decided to apply for approval of a share buyback program in order to make use of the authorization to acquire treasury shares granted by the Annual General Meeting on 6 August 2020. According to section 77, 78 CRR the implementation of the share buyback program is subject to the approval to be granted by the Federal Financial Supervisory Authority (BaFin). The Company intends to carry out the share buyback program via the stock exchange. The Board of Directors will keep the capital market up to date.
For further information, please contact:
GRENKE AGAnke Linnartz
Neuer Markt 2
76532 Baden-Baden
Phone: +49 7221 5007-204
Email: investor@grenke.de
Website: www.grenke.com
Press contact
Stefan Wichmann
Neuer Markt 2
76532 Baden-Baden
Phone: +49 (0) 171 20 20 300
Email: presse@grenke.de
End of Inside Information
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