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Deutsche Börse AG: Executive Board decides on implementation of a further share buyback programme with a volume of around EUR200 million in 2018

Release date: 05 Dec 2017 01.51 PM

Deutsche Börse AG: Executive Board decides on implementation of a further share buyback programme with a volume of around EUR200 million in 2018

 
05-Dec-2017 / 13:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Today, the Executive Board of Deutsche Börse AG has resolved to implement a further share buyback programme with a volume of around EUR200 million in the course of 2018. The share buyback programme is based upon the authorisation to buy back own shares granted by the General Meeting of Deutsche Börse AG of 17 May 2017. The detailed terms and conditions of the buyback programme will be subject to a separate decision by the Executive Board.
 
The share buyback programme decided today follows the existing share buyback programme, which commenced on 27 November 2017 with an identical volume of around EUR200 million and which shall be completed by 30 June 2018 at the latest.
 
With the share buyback programmes, the Executive Board pursues a balanced use of available cash resources in the amount of currently around EUR800 million. Besides the planned share buybacks, the company intends to use these funds primarily for value accretive external growth.


Contact:
Martin Halusa
Group Communications
Deutsche Börse AG
Phone: +49 69 211 1 29 01

Kai Fischer
Group Communications
Deutsche Börse AG
Phone: +49 69 211 1 86 73

E-Mail: media-relations@deutsche-boerse.com05-Dec-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
 
 
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