flatexDEGIRO AG (XTRA:FTK) commences share repurchases on October 1, 2024, under the program mandated by shareholders in the Annual General Meeting held on June 4, 2024. As per the mandate, the company is authorized to repurchase up to 11,003,254 shares, representing 10% of its issued share capital. The authorization will be valid till June 3, 2029. The price to be paid for repurchase should not be more than 10% higher or 20% lower than the average closing price of a company share in the XETRA trading system (or a comparable successor system) on the Frankfurt Stock Exchange on the last three trading days prior to the obligation to acquire the shares. The repurchased shares can be sold or redeemed. As of April 26, 2024, the company had 110,032,548 issued shares and 0 treasury shares.

On September 30, 2024, the company announced a share repurchase program after receiving approval from German Federal Financial Supervisory Authority (BaFin). Under the program, the company will repurchase up to ? 50 million worth of its shares. The repurchases will commence from October 1, 2024, and will end no later than May 7, 2025.