IONOS has decided on a share buyback program.

The company announced on Friday that up to 2 million papers will be bought back for up to 60 million euros. This corresponds to around 1.4 percent of the share capital. The program is scheduled to run until April 30, 2026 at the latest. The buyback is carried out, among other things, to service claims from employee participation programs, but can in principle be used for all purposes specified in the general meeting authorization, according to IONOS.

After hours on the Tradegate trading platform, the share temporarily rose by 3.59 percent to 27.40 euros.

/nas/he

KARLSRUHE/BERLIN (dpa-AFX)

Selected leverage products on IONOS

With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the lever you want and we will show you suitable open-end products on IONOS

Advertising

Image sources: T. Schneider / Shutterstock.com

ttn-28