IONOS Group SE Announces New Share Buyback Program

IONOS Group SE declared its plan to initiate a share buyback program, aiming to acquire up to 850,000 treasury shares, which represents about 0.6% of its total share capital valued at EUR 140 million. The program, with a budget of EUR 25 million, is slated to run from mid-May 2024 to the end of February 2025.

This strategic move follows the authorization from the Extraordinary Shareholder Meeting held on January 26, 2023, which allows for the repurchase of up to 10% of the share capital. The shares bought back will be primarily used to fulfill obligations from employee share option programs predating the company's IPO.

The buyback aligns with the guidelines of Regulation (EU) No. 596/2014 and Commission Delegated Regulation (EU) 2016/1052. IONOS Group has affirmed that no treasury shares have been purchased under this authorization previously, and currently holds no treasury shares.