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Market Closed -
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After market 03:49:21 pm | |||
| 69 EUR | +0.66% |
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69.02 | +0.04% |
| Apr. 17 | SCOUT24 : Buy rating from Goldman Sachs | ZD |
| Apr. 09 | SCOUT24 : JP Morgan remains Neutral | ZD |
FRANKFURT (Reuters) - German classifieds group Scout24 can cope with a higher long-term leverage ratio of up to 3.5 times core earnings to fund greater capital return to shareholders, CEO Tobias Hartmann said on Tuesday.
The increase in long-term leverage acknowledges a call by U.S. activist investment fund Elliott to return more capital to shareholders than a 300 million euros ($337 million) buyback proposed by management.
(Reporting by Douglas Busvine; Editing by Tassilo Hummel)
| 1st Jan change | Capi. | |
|---|---|---|
| +7.54% | 5.39B | |
| +18.66% | 404B | |
| +15.27% | 243B | |
| +12.15% | 144B | |
| +20.63% | 104B | |
| +17.19% | 81.99B | |
| +54.11% | 57.53B | |
| +33.59% | 51.76B | |
| +6.02% | 36.89B | |
| +15.88% | 31.71B |
SCOUT24 SE 
