Progress on Delivery Hero's Share Buyback Program

Tuesday, 23 July 2024, 06:00
ING has shared updates on the €2.5 billion share buyback program initiated on May 2, 2024, primarily focused on enhancing shareholder value. The company aims to repurchase shares in compliance with regulations set by the European Union and the European Commission. This strategic move is expected to bolster investor confidence and positively impact market perceptions of Delivery Hero's stock. In conclusion, this buyback program represents a significant commitment by the company to return value to shareholders.
Finanzen
Progress on Delivery Hero's Share Buyback Program

Progress on Delivery Hero's €2.5 Billion Share Buyback Programme

ING announced today important updates regarding the share buyback programme initiated for Delivery Hero, valued at €2.5 billion. This programme, which was announced on 2 May 2024, is part of a strategic effort to enhance shareholder value.

Execution of the Buyback Programme

  • Delivery Hero is aligning its buyback activities with regulations from the European Commission.
  • The company is committed to transparent communication with shareholders and the market.
  • A focus on completing the buyback successfully will aim to strengthen investor confidence.

Conclusion

The share buyback programme not only serves the purpose of returning capital to shareholders but also reflects the company's dedication to maintaining a positive market presence.

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.

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