Delticom AG Announces New Share Buyback Program

Delticom AG, a leading European online tyre distributor, has announced the initiation of a new share buyback program. The company's management board has approved the purchase of up to 100,000 shares, with a total spending cap of EUR 300,000. The program will be executed via stock exchange transactions, with each share priced at no more than EUR 3.00. The buyback is slated to run from March 4, 2025, to July 5, 2025.

A credit institution, previously managing similar initiatives for Delticom, will independently handle the timing of share acquisitions. The treasury shares procured will be designated as acquisition currency for company acquisitions. The company retains discretion to halt or terminate the program as needed.