DGAP-Adhoc: Deutsche Börse AG: Executive Board plans implementation of share buyback program with a volume of around EUR 200 million in the second half-year 2017
DGAP-Ad-hoc: Deutsche Börse AG / Key word(s): Share Buyback
Deutsche Börse AG: Executive Board plans implementation of share buyback program with a volume of around EUR 200 million in the second half-year 2017
26-Apr-2017 / 20:25 CET/CEST
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The issuer is solely responsible for the content of this announcement.
Deutsche Börse AG: Executive Board plans implementation of share buyback program with a volume of around EUR 200 million in the second half-year 2017
Today, the Executive Board of Deutsche Börse AG has resolved to implement a share buyback program with a volume of around EUR 200 million in the second half-year of 2017. The share buyback program is subject to the resolution of the general meeting of Deutsche Börse AG on 17 May 2017 on the authorisation to buy back own shares and a further decision of the Executive Board on the terms and conditions of the buyback program.
With this share buyback program, the Executive Board pursues a balanced use of the proceeds from the sale of International Securities Exchange Holdings, Inc. in the amount of around EUR 1 billion in 2016. Besides the planned share buybacks, the company intends to use these funds primarily for organic as well as value accretive external growth.
Contact:
Kai Fischer
Group Communications
Deutsche Börse AG
Phone: +49 69 211 1 86 73
Martin Halusa
Group Communications
Deutsche Börse AG
Telefon: +49 69 211 1 29 01
E-mail: media-relations@deutsche-boerse.com
26-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Deutsche Börse AG
-
60485 Frankfurt / Main
Germany
Phone:
+49 (0)69 211 - 0
E-mail:
ir@deutsche-boerse.com
Internet:
www.deutsche-boerse.com
ISIN:
DE0005810055, DE000A1RE1W1, DE000A1R1BC6, DE000A161W62, DE000A1684V3
WKN:
581005, A1RE1W, A1R1BC, A161W6, A1684V
Indices:
DAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
End of Announcement
DGAP News Service
567889 26-Apr-2017 CET/CEST