FlatexDegiro Seeks Regulatory Approval for Share Buyback Program
Tuesday, 23 July 2024, 11:47
FlatexDegiro Requests BaFin Approval
On July 23, 2024, FlatexDegiro indicated its intention to buy back its own shares. The company has formally submitted a request to the Federal Financial Supervisory Authority (BaFin) for the necessary approval to implement this program.
Purpose of the Buyback Program
- Enhance shareholder value
- Manage capital effectively
- Repurchase a portion of its own shares
This initiative reflects the company's commitment to maximizing its performance and shareholder returns.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.