Adesso SE Completes Share Buyback Programme

adesso SE has successfully finalized its share buyback programme initiated on October 17, 2024, concluding on January 10, 2025. During this period, the company repurchased 121,091 shares, representing approximately 1.9% of its share capital. These shares are considered treasury shares, which do not carry voting or dividend rights. Although the future use of these shares is undecided, possibilities include uses outlined by the Annual General Meeting's authorisation or their cancellation.

The total expenditure for the shares was about EUR 10.0 million, excluding incidental costs, with an average execution price of EUR 82.57 per share. Notably, adesso’s share price increased by 14% from EUR 72.70 to EUR 82.70 over the course of the buyback period. CFO Jörg Schroeder highlighted the favorable valuation and growth prospects as key motivations behind the programme.