(Correction to the announcement of December 8. In the second paragraph it is clarified that Teamviewer intends to use the existing authorization of the Annual General Meeting for the purchase of initially up to around 11 million shares rpt shares).

GÖPPINGEN (dpa-AFX) - The software provider Teamviewer has decided on a further share buyback. The company announced on Thursday in Goppingen that it plans to acquire its own shares, excluding incidental costs, with a volume of up to 150 million euros in the coming year. The buyback is to begin "promptly" and be completed within 2024, it said.

However, the company still requires shareholder authorization for the majority of the amount at the upcoming Annual General Meeting in June 2024. The management intends to use the existing authorization from the 2023 shareholders' meeting for an initial amount of up to almost eleven million shares. Teamviewer only completed its most recent buyback program at the end of November, which also amounted to 150 million euros./tav/stk/mis/stk